884: Friday Q&A: Deductible Car Expenses, Vacation Homes, Cash on Hand, Gold Coins Fraud, Etc.
Radical Personal Finance
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Having a Strong Cash Position During a Period of No Income?
Wetetmico at us had a question about a cash position during a period of unemployment. Why would you not be a hundred % in cash? You believe that there are investments that can go up in value by more than your cash. And also, there are risks to having cash. Biggest risk is inflation. Necessarily you want to have more cash to be able to cushion any unexpected expenses and protect you from the unknown.
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