• Privacy
  • Terms
  • Contact
Friday, July 11, 2025
Choose Your Area
The LA Monitor
  • Home
  • About
  • Submit News Tip
  • LA Monitor Exclusives & Reports
  • Local News
    • Los Angeles
    • San Fernando Valley
    • San Gabriel Valley
    • South Bay
    • Long Beach
    • Orange County
  • California
  • Crime
  • Business
  • More
    • Politics
    • Entertainment
    • Health
    • Sports
No Result
View All Result
  • Home
  • About
  • Submit News Tip
  • LA Monitor Exclusives & Reports
  • Local News
    • Los Angeles
    • San Fernando Valley
    • San Gabriel Valley
    • South Bay
    • Long Beach
    • Orange County
  • California
  • Crime
  • Business
  • More
    • Politics
    • Entertainment
    • Health
    • Sports
No Result
View All Result
The LA Monitor
No Result
View All Result
  • LA Monitor Exclusives & Reports
  • Local News
  • California
  • Crime
  • Business
  • Entertainment
  • Health
  • Politics
  • Sports
Home Business

Is Your Money Working Its Hardest For You?

LA Business Journal by LA Business Journal
Mar 11, 2024 3:01 am EDT
in Business
0 0
A A
0
Share on FacebookShare on Twitter

Cash has its purpose, especially when it comes to short-term expenses up to 12 months out, but holding more than you need may come at a cost in the long term. Investing excess cash can make your money work its hardest for you to help you reach your goals.

While cash may have felt like a “safe haven,” and in recent years of high interest rates an income source, inflation undermines its value. Although inflation may be cooling, it hasn’t disappeared. 

If your portfolio relies too heavily on short-term cash holdings, you may be limiting your ability to grow your capital over time and achieve your long-term financial goals. Staying in cash too long, or too often, could mean being forced to take on more risk later or lowering your overall wealth goals.

We believe a well-diversified, multi-asset portfolio is essential for most investors. Often, the traditional multi-asset mix is 60% stocks and 40% bonds, but yours may look different depending on your risk appetite and long-term goals.

If you still have excess cash, we believe the time to move can be now. One of the first places to invest when you step out of cash is into fixed income (often in the form of bonds), which has historically served as the ballast, steadying a portfolio.

The role bonds play is a critical one. Fixed income has typically been a safer way than equities to outperform cash. Even in 2023, when cash rates were at an elevated level because the Fed raised interest rates, fixed income still outperformed cash (5.6% annualized for the Bloomberg Barclays U.S. Aggregate bond index versus 5.1% for cash).

Right now, we believe interest rates are in the process of peaking for this economic cycle. This makes locking in these higher rate levels for longer, through bonds, particularly appealing.

Look at the data — not the headlines

Early in 2023, many predicted a “hard” economic landing and recession, leaving many people nervous and pessimistic. We stuck to the corporate data, and it said…

Read the full article here

Have a news tip for The LA Monitor? Submit your news tip or article here.
ShareTweetSharePinShareSendSend
LA Business Journal

LA Business Journal

The Los Angeles Business Journal, established in 1979, is a weekly newspaper and online news source in Los Angeles, California, which provides coverage of local business news. According to the Journal's website, it has a weekly print circulation of 24,000 and over 40,000 unique monthly website visitors.

Related Articles

Business

The New Dream Team

Jul 7, 2025 2:37 pm EDT
Business

6 months later, 12 ways the Eaton and Palisades fires changed Southern California

Jul 6, 2025 9:00 am EDT
Business

Anne Wojcicki’s nonprofit gets court approval to buy 23andMe for $305 million

Jul 1, 2025 7:13 pm EDT
Business

Consumer Financial Protection Bureau dismisses $95M overdraft case vs. Navy Federal Credit Union

Jul 1, 2025 4:17 pm EDT
Business

Home-sale cancellations see ‘dramatic increase,’ agents say

Jul 1, 2025 3:06 pm EDT
Business

Fireworks will light up this Fourth of July. Next year could be different if tariff talks fizzle

Jul 1, 2025 1:06 pm EDT
The LA Monitor

The LA Monitor is your number one website for the latest news and updates about Los Angeles. follow us now to get the news that matters to you.

Trending Topics

  • Business
  • California
  • Crime
  • Entertainment
  • Health
  • LA Monitor Exclusives & Reports
  • Local News
  • Long Beach
  • Los Angeles
  • Orange County
  • Politics
  • San Fernando Valley
  • San Gabriel Valley
  • South Bay
  • Sports
  • Uncategorized

Quick Links

  • About
  • Submit News Tip
  • Advertise
  • Customer Support
  • Cookie Policy
  • Privacy
  • Terms
  • Contact

© 2023 The LA Monitor - All Rights Reserved.

No Result
View All Result
  • Home
  • About
  • Submit News Tip
  • LA Monitor Exclusives & Reports
  • Local News
    • Los Angeles
    • San Fernando Valley
    • San Gabriel Valley
    • South Bay
    • Long Beach
    • Orange County
  • California
  • Crime
  • Business
  • More
    • Politics
    • Entertainment
    • Health
    • Sports

© 2023 The LA Monitor - All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.