Over the last decade, because of the zero interest rate policy set by the Federal Reserve, you weren't paid anything to hold cash since ZIRP ensured cash yielded essentially nothing. In fact, after subtracting for inflation, you were losing money if you held cash, hence the phrase – cash is trash. But with the Fed increasing short-term interest rates over the last 12 months and yields on cash-equivalent investments as high as they’ve been in more than a decade, is cash king again? In this episode of ÃÛѨÊÓƵ’ Everyday Wealthâ„¢, Jean and wealth planner Isabel Barrow tackle that question and discuss what to do and not do with your cash reserves. Later in the episode, Bill Tracy, portfolio manager for ÃÛѨÊÓƵ, weighs in on what’s going on with the recent bank collapses and how to help protect your investments.
Ìý
Ms. Chatzky receives cash compensation for acting as hosts of the Everyday Wealth radio show and podcast and for related activities and therefore has an incentive to endorse ÃÛѨÊÓƵ and its planners.Ìý That compensation is a fixed sum paid on an annual basis; and reimbursement for certain expenses.Ìý The amount paid each year does not vary, is not based on show content or any results-dependent factors (e.g., popularity of the show).
This show is pre-recorded, and any callers are prescreened.
The information being provided is for informational and educational purposes only and should not be construed as investment advice. You should consult with a financial advisor to help determine the best options for your particular circumstances.
Asset allocation/diversification does not assure or guarantee better performance and cannot eliminate the risk of investment losses. There are no guarantees that a diversified portfolio will outperform a nondiversified portfolio. Past performance is not indicative of future results.
HerMoney Media, Inc. ("HerMoney") is not a client, agent, representative or affiliate of ÃÛѨÊÓƵ ("EFE"). EFE is a sponsor of the "HerMoney with Jean Chatzky Podcast," created by HerMoney. HerMoney receives a sponsorship fee from EFE depending on the number of podcast downloads, which is paid on a quarterly basis each year. In turn, HerMoney also provides promotional deliverables regarding EFE on the HerMoney podcast, newsletter, and social media channels. Due to this sponsorship arrangement, HerMoney has an incentive to endorse EFE and its services.
This presentation contains a hypothetical illustration of 4 market timing scenarios with an initial investment of $100,000 in a 60/40 stock/bond blended benchmark (using index proxies) made on 1/1/2007; Index returns are provided as a benchmark and are not illustrative of any particular investment. Past performance is not a guarantee of future results.
© 2023 ÃÛѨÊÓƵ. ÃÛѨÊÓƵ® is a registered trademark of ÃÛѨÊÓƵ. All advisory services provided by Financial Engines Advisors L.L.C., a federally registered investment advisor. Results are not guaranteed.
