Just what are "cash" and "cash options?" Some of us take those terms for granted, but after a recent article on sector allocation, one of our subscribers wrote in asking for clarification. Money Forever recommends holding approximately one-third of your portfolio in cash or cash options, but what does that really mean?
To clear up any confusion, "cash options" are not publicly traded options. "Cash alternative" is probably a more appropriate phrase.
I had a pleasant surprise over the holidays, as my own baby-boomer children struck up several kitchen-table discussions. They are wrestling with how to fund their children's college followed by their own sprint to the retirement finish line.
My daughter Dawn said it best: Continue reading "Cash Alternatives: Making Money Work for You"
