The Motley Fool Discussion Boards

Previous Page

Fool Community Help Desk / 411 - Directory Assistance


Subject:  Re: Looking for place to park cash for a couple Date:  2/22/2021  10:03 PM
Author:  CMF_Fuskie Number:  339 of 341

Hi, Badass. You're not going to find any capital preservation vehicles that are going to offer great interest rates, and you should not invest any money you are going to need in the next 3-5 years in the stock market. The one thing you cannot afford to risk is that the cash is not there when you need it for that Florida condo down payment.

Let's be honest - cash is not sexy. It's not exciting. It just sits there and if you're lucky earns barely enough interest to keep up with inflation. It feels like it is a waste of resources that does nothing. Cash is boring, lazy and a waste of money.

Until it's not. Cash is the premium you pay for having the resources available when you need it. Like most insurance policies, it can seem like an inefficient use of money while you don't need it, but if you ever do need it, you're dang glad it's there.

Who notes when you think about it in the right light, cash is cool...

Premium Home Fool: Ask me a Foolish Question, I'll give you a Foolish Response!
Ticker Guide: The Walt Disney Company (DIS), Intuit (INTU), Live Nation (LYV), CME Group (CME), MongoDB (MDB), Trip Advisor (TRIP), Vivendi SA (VIVHY), Mimecast (MIME), Virgin Galactic (SPCE), Axon Technologies (AXON)
Disclaimer: This post is non-professional and should not be construed as direct, individual or accurate advice
Disassociation: The views and statements of this post are Fuskie's and are not intended to represent those of The Motley Fool or any other sane body
Disclosure: May own shares of some, many or all of the companies mentioned in this post (
Fool Code of Conduct:
Invitation: You are invited to interactively watch Motley Fool Live online television:
Call to Action: If you like this or any other post, Rec it. Better yet, reply to it. Even better, start your own thread. This is YOUR TMF Community!
Copyright 1996-2022 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us