The Newly Exciting World of Cash Alternatives
Over the previous decade, it didn’t matter much whether you left cash at the bank or put it in a money market fund, CD, Treasury, or under your mattress.
Today, though still modest, savings account rates are at their highest level since the Great Recession. Meanwhile, yields on cash alternatives have skyrocketed.
Financial Advice for Your Child
Here is a wonderful blog post by Morgan Housel on financial advice he hopes to one day give his newborn son.