Day Trading Tips

Cash has many names – Cash investments, many games…CDs, money market accounts, Treasury bills. These investments can help protect your principal, save for short-term goals, provide liquidity. They’re also safer than stock or bonds. If they’re bank deposits, like CDs, your money’s insured by the FDIC. Treasury bills are backed by the fed. BUT – there’s always a but – because cash investments are so safe – the returns are modest. Advisors think you should keep three to six months of living expenses in highly liquid, easy-to-access cash equivalents… That way, you can tap that cash to cover emergency expenses or a great investment opportunity. THAT’S making your cash-money work for you!