Having some cash aside is never a bad idea. It makes sure you can pay the bills and maybe cover some unexpected costs. Having a lot of cash, however, might not be such a good idea. Interest rates have become so low that they don’t cover the cost of inflation anymore.
Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair. ~ Sam ewing
Let’s find out why investing is the best option and how to do it.