Do you have too much Cash? 2021 | Baltimore-Washington Financial Advisors | 9 September 2021 | Webinar
Venue
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| Event Date |
Thu Sep 9 UTC (over 3 years ago)
In your timezone (EST): Thu Sep 9 7:45am - Thu Sep 9 9:00am |
| Location | Webinar |
| Region | All |
Details
Determining the right amount of cash to hold is a much more complicated decision than most people think. You want to have enough cash on hand for monthly expenses, for unexpected large expenditures, and for an emergency fund in case of job loss or similar event. However, too much cash can negatively impact your overall success. Join us for a discussion on determining the right amount of cash for you to hold and where to hold it.
Topics will include:
How much is too much in your checking account?
How much is too much in your savings account?
Are you tired of earning too little on your cash?
Is your emergency fund too big?
Do you constantly have a cash balance greater than your monthly expenses?
Do you hold cash in your investment account?
How much is that extra cash costing you?
Do you know the Rule of 72?
Where should you put that cash instead?
How to perform a financial assessment on your portfolio
Speakers
2021 Presenter
Horno Townsend Jr.
Managing Director, Wealth Management
Robert Carpenter
President and CEO, Fee Only