Cryptocurrency Q&A
Why is idle cash a bad investment?
Why is idle cash a bad investment?
Andrea
Thu Oct 31 2024
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7 answers
2128
I've heard that keeping cash idle is not a good investment strategy. I want to understand why. Is it because the cash just sits there without generating any returns? Or are there other reasons why having idle cash is considered a bad investment?
7 answers
CharmedFantasy
Sat Nov 02 2024
To maximize returns, investors often opt for short-term securities or cash equivalents.
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Alessandra
Sat Nov 02 2024
Large idle cash surpluses are viewed as unfavorable investments.
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SamuraiSoul
Sat Nov 02 2024
This is due to the minimal or non-existent interest earned on cash held in checking or savings accounts.
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SamsungShiningStar
Fri Nov 01 2024
Government notes are also popular, as they are backed by the government and offer competitive interest rates.
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ShadowFox
Fri Nov 01 2024
These alternatives provide higher interest yields compared to traditional bank accounts.
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