How Can Strategic Cash Holdings Strengthen Your Financial Stability? with Thomas Guidi, CFA

Thomas J. Guidi, CFA, Investment Manager, Co-Chief Investment Officer and Shareholder at Foster & Motley, Inc., explains the misunderstood role of cash in financial planning. He outlines how to approach liquidity needs, make the most of different cash vehicles and avoid common pitfalls when managing excess cash. Thomas also explores how advisors can help individuals match their cash strategy with both immediate and future needs, ensuring that every dollar has a purpose.

Key Takeaways:

(01:31) Maintaining a buffer for expected and unexpected expenses is important.

(03:22) Excess cash holdings may limit potential long-term growth.

(04:37) Understanding liquidity needs helps determine appropriate financial tools.

(06:26) Some cash vehicles may offer higher returns than others.

(06:55) Matching the timing of future expenses with investment maturity can be beneficial.

(07:41) Risk levels and protections vary across different cash management options.

(08:48) Financial professionals can provide guidance in choosing between available options.

Resources Mentioned:

Foster & Motley, Inc.| Website

https://www.fosterandmotley.com/

Connect with Thomas Guidi:

info@fosterandmotley.com

+1 513-561-6640

Foster & Motley, Inc.

LinkedIn: Thomas J. Guidi, CFA

https://www.linkedin.com/in/thomas-guidi-cfa-21830952/

LinkedIn: Foster & Motley, Inc.

https://www.linkedin.com/company/fosterandmotley/

#WealthManagement #FinancialPlanning #InvestmentAdvisory #WealthManagementPodcast