Specifically, the average American keeps $67 in cash on hand, according to a Federal Reserve survey. If you’re conflicted on this, you’re not alone.

But according to Wall Street veteran Kenny Polcari, holding on to cash can actually give an investor the upper hand in highly volatile markets — as long as they don't hold on to it for too long.

When you are holding until maturity, daily prices do not matter. "It's all paper losses," said Dubofsky. "As long as you don't sell, you hold to maturity, you know what you will roughly earn." ...

Holding and frequently using old-fashioned cash is a simple and low-cost way to protect yourself and your family. Jay L. Zagorsk is an associate professor at the Questrom School of Business of ...

If you prefer to keep more cash on hand but don’t love the idea of letting it lose value, consider a high-yield checking account like QBoost from Quorum Credit Union. This type of account allows ...

Cash feels like the safest bet to most people. It’s steady, predictable and always there when you need it. But according to Fidelity’s research, holding too much cash could quietly erode your ...

Cash can have a vital role in the day-to-day life of an individual client, so it would make sense for advisors to include their client’s cash balance when considering their overall financial ...

What happens when families have extra cash on hand each month — no strings attached? Hundreds of moms in two different cities are finding out. Flint, Michigan, and Jackson, Mississippi, may be ...

Dive Brief: U.S. nonprofit hospitals and health systems’ median days of cash on hand hit a 10-year low in 2023, falling below 200 days for the first time in a decade, according to a report from ...