I typically don’t carry around a lot of cash. Cash is one of the worst possible investments one can make because it’s guaranteed to lose value over time due to the ravishing effects of inflation. However, I still like to keep at least few grand in my checking account in case an emergency were to befall me or I lose my job. Life is dynamic and ever-changing, and we aren’t all just investors; we’re people with real lives and sometimes liquidity is a welcome friend.
Thanks for reading.
This article was written by Dividend Mantra. If you enjoyed this article, please subscribe to my feed [RSS]
Congrats on the raises, JC. Too bad the currency c... - Congrats on the raises, JC. Too bad the currency conversion makes it a div cut in BNS...but over the long run, things should smooth out. best R2R
2 hours ago