“In 2021, when a lot of people I work with had big exits, cash was paid 30 basis points.”

Adam Katz · Moneywise · How This Wealth Advisor Spends $1M/Year ($300K on Vacations)

Play from 15:27
15:27

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What was described

Keep 20% of assets in cash earning ~30 basis points

20% cash, 30 basis points return in 2021

Said nearby on the same subject

“We're getting 150 basis points above the cash rate… taking no risk and having complete liquidity.”
♫
Said on The Rules of Investing
Pricing 150 bps above cash rate Share this moment
“The YAM assets, assuming you are putting in 20% cash as the deposit, ours pay for itself at an 80% LVR. That's our guarantee to our clients.”
JH
Jack Henderson
Asset Rich with Jack Henderson ·
Business model 80% LVR Share this moment
“The average rate on the 30 year fix rose 10 basis points today 7.56% according to Mortgage News Daily”
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Said on Closing Bell
Hard number 7.56 % Share this moment
“…made permanent the $20,000 instant asset write-off, and businesses…using the instant asset write-off to ensure that they have cash flow…”
♫
Said on Australian Parliament: House of Representatives
Why it worked $20,000 write-off; $3.8 billion budget allocation to assist small busi… Share this moment

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