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re: High net worth cash holdings
Posted on 9/17/08 at 8:27 pm to DandyPimp
Posted on 9/17/08 at 8:27 pm to DandyPimp
Doubtful anyone that wealthy just keeps cash lying around, they'll have it in money market accounts at the very least. Or bonds like you suggested.
But someone with that kind of money isn't getting advice here on TD, so maybe they're doing something else. Maybe they just trade the rights to soccer players and hookers instead.
But someone with that kind of money isn't getting advice here on TD, so maybe they're doing something else. Maybe they just trade the rights to soccer players and hookers instead.
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