Smart Ways to Stash Your Cash: Banks, Bonds & Money Market Funds
Many Happy Returns
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Navigating Cash Management Strategies
This chapter focuses on the strategic incorporation of cash-equivalent instruments such as government bonds and money market funds into investment portfolios to enhance stability and manage liquidity. It discusses the balance between safety and potential returns, emphasizing the need to prepare for near-term expenses while understanding associated risks. Furthermore, the chapter delves into tax implications and the benefits of diversifying cash reserves across different financial instruments.
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