How much Cash is King?

How much cash should you really keep on hand? We often hear that "cash is king," but determining the right amount of cash to hold is one of the most common questions investors face. In this episode of Something More with Chris Boyd, Chris Boyd, Russ Ball, and Luke Bagley explore the balance between maintaining liquidity for peace of mind and putting money to work for long-term growth.

The conversation examines how cash reserve needs differ during your working years versus retirement. The team discusses emergency funds, planning for unexpected expenses, and why many retirees may benefit from maintaining larger cash reserves than those still accumulating wealth. They also explain the "bucket" approach to financial planning, separating short-term liquidity needs from longer-term growth investments.

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Along the way, they address the risks of holding too much cash, the importance of keeping pace with inflation, and how market volatility, interest rates, and changing life circumstances should factor into your decisions. The episode also explores the dangers of trying to time the market and offers practical guidance for investors who may be reluctant to invest during periods of uncertainty.

If you've ever wondered whether you're holding too much cash, not enough cash, or simply want greater confidence in your financial plan, this episode offers valuable perspective and actionable insights.

Learn more at our upcoming seminar series:
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