Accounting, profit advisory and tax tips to help you understand your business finances.
Cash is a low-yielding asset but has other virtues
The immediacy of cash is a plus when other investments rely on evermore distant earnings Cash is a safe asset, but a wasting one. The real returns on risky assets have been much greater. True, cash affords options—to buy cheaply when others are selling. But episodes of distressed selling have been fleeting, largely thanks to […]
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