“We're getting 150 basis points above the cash rate… taking no risk and having complete liquidity.”
♫
Said on The Rules of Investing
Adam Katz · Moneywise · How This Wealth Advisor Spends $1M/Year ($300K on Vacations)
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Keep 20% of assets in cash earning ~30 basis points
20% cash, 30 basis points return in 2021
“We're getting 150 basis points above the cash rate… taking no risk and having complete liquidity.”
“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.”
“The average rate on the 30 year fix rose 10 basis points today 7.56% according to Mortgage News Daily”
“…made permanent the $20,000 instant asset write-off, and businesses…using the instant asset write-off to ensure that they have cash flow…”
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