After more than a decade of near zero interest rates, it is now possible to earn some income from cash and short-term investments.

But where should you park your cash? There are many options from bank accounts to money market funds to bonds. Each come with their own benefits, risks and quirks.

But why we would even hold cash? And what makes 2023 a potentially lucrative environment for short-term investments?

And in today’s Dumb Question of the Week: What is a bank?

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Disclaimer

This podcast is for informational and entertainment purposes and is not financial advice. We do not provide recommendations or endorse any decision to buy, sell or hold any security. We cannot be held responsible for any actions listeners may take and investors are encouraged to seek independent financial advice.

Copyright 2023 Many Happy Returns