Why Cash/Money Market Investing?
Trying to save for a house or a childs college education is difficult enough without having inflation working against you. To help you achieve your short-term goal, or help preserve your emergency fund, you might want to look for investment opportunities that offer competitive money market yields with the objective of maintaining a stable value. It is important to understand your investment objective and risk tolerance when determining which funds fit best with your financial goals. An investment mix of stocks, bonds and cash is known as asset allocation. An investment professional can work with you to develop an asset allocation strategy that will help you best meet your financial goals.