• Ep 25 The High Cost of Staying Liquid

  • Jul 3 2024
  • Length: 26 mins
  • Podcast

Ep 25 The High Cost of Staying Liquid

  • Summary

  • Have you ever wondered if holding cash is the best strategy for your financial future, especially when it’s yielding an attractive 5%?

    In this episode, we unravel the complexities of this pressing question and dive deep into the world of personal finance. Join us as we explore whether it makes sense to stick with cash or diversify into stocks and bonds. You’ll learn about the hidden risks of relying solely on cash, the potential rewards of stocks and bonds, and strategic approaches to balance immediate returns with long-term growth.

    Episode Highlights:

    • Why are many drawn to high-yield cash, including liquidity, security, predictability, and simplicity.
    • Hidden Risks of Cash
    • Advantages of Stocks and Bonds
    • Investing Strategies in a High-Interest Environment
    • Practical Investment Tips

    And many more!

    Stay Connected with Smart Wealth Podcast Hosts:

    Brett Cranson: www.linkedin.com/in/brettcranson/

    Omari Whyte: www.linkedin.com/in/omari-whyte/

    LinkedIn Brett Cranson: linkedin.com/in/brettcranson

    LinkedIn Omari Whyte: linkedin.com/in/omari-whyte

    For business inquiries, please head over to

    https://www.uptownwealthmanagement.com
    https://www.familyfirstadvisors.ca

    email:

    brett.cranson@ipcsecurities.com

    omari.whyte@familyfirstadvisors.ca

    Brett Cranson & Omari Whyte have been helping Canadians with their Financial, Retirement and Estate Planning since 2003. Our office is based in Toronto, ON, Canada - but help Canadians Coast to Coast.

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