14min chapter

Many Happy Returns cover image

Smart Ways to Stash Your Cash: Banks, Bonds & Money Market Funds

Many Happy Returns

CHAPTER

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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