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  • News From Press Cash diets create unhealthy portfolios

    Cash diets create unhealthy portfolios

    Source: Mint Nov 21, 2017

    Unless you’re a cashier in a bank, there is no compelling reason why your relationship with cash should be as clingy as that of iron to a magnet. Yet, I see this perplexing phenomenon occurring time and again in many investment portfolios. 

    People normally hold financial assets in these buckets—equity, debt, and cash. Cash can be held in current and savings accounts, short-term deposits, mobile wallets, liquid funds and in brokerage accounts, in addition, of course, to physical cash. 

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