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re: High net worth cash holdings

Posted on 9/17/08 at 3:27 pm to
Posted by GeneralLee
Member since Aug 2004
13112 posts
Posted on 9/17/08 at 3:27 pm to
quote:

What do with the cash portion of their wealth - treasuries???


Just hold the cash and enjoy the deflation...
Posted by DandyPimp
New Orleans
Member since Jan 2007
1091 posts
Posted on 9/17/08 at 3:29 pm to
Not speaking about generating huge returns, just protecting it from a bank failure.
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