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Cash Is Certainly Not Trash
Paul Misleh, CFA, CPA Paul Misleh, CFA, CPA

Cash Is Certainly Not Trash

The general belief is that holding cash in one’s portfolio is a waste as it earns nothing these days. We disagree with this, and we disagree strongly. If we are unable to find enough securities to be 100% invested, we will hold cash. Typically we hold cash equivalents whereby we own securities with little downside and some upside. Holding cash allows us to move quickly when we see opportunities...

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