FYI: Marty in East Weymouth, Massachusetts, asked recently if I would tackle what he considered an “oddball question.”
His problem is one everyone might wish for: Too much cash.
“I have a lot of cash and not much in investments,” he said. “I don’t have much faith that I will be in the market at the right time, and I’m scared of losing the money I’ve worked so hard for, but I don’t think I will ever reach my savings goal if all I do is keep my money in savings accounts and certificates of deposit.”
While it might be an enviable problem, it’s a problem just the same and 40-something Marty is far from alone.
Regards,
Ted
https://www.seattletimes.com/business/solving-the-savers-most-enviable-problem-too-much-cash/
