by Michael Lecours | Mar 18, 2014 | Cash, Economy, Finding Confidence, Uncategorized
Excerpts from a great post great post by Seth Godin: “Five dollars to buy a snack box on an airplane is worth something very different than five dollars to buy a cup of coffee after a fancy meal, which is worth something different than five dollars in the grocery...
by Michael Lecours | Feb 19, 2014 | Cash, Investment Strategies, Saving, Uncategorized
We’ve built a cash strategy for Tier II and Tier III for investors with lots of cash sitting on the sidelines earning next to nothing. We are recommending a short-term bond portfolio as outlined earlier. It would consist of 5-6 conservative bond investments, reviewed...
by Michael Lecours | Feb 18, 2014 | Cash, Investment Strategies, Saving, Uncategorized
Your cash strategy should consist of three tiers, with each one having a specific objective: Tier I: Immediate Objective: Meets your immediate needs to pay bills and serve as your emergency cash fund. Products to use: Focus on bank deposits and money market funds Tier...
by Michael Lecours | Feb 17, 2014 | Cash, Investment Strategies, Saving, Uncategorized
Cash and money market funds pay next to nothing but then again you aren’t taking on much risk. If you’re exploring what to do with cash but not ready to go in stocks just yet, the next logical step is to look into short term strategies. A little extra risk for a...
by Michael Lecours | Feb 16, 2014 | Cash, Saving, Uncategorized
The common options for cash can be complex and confusing. These tend to be the three most common options: Bank Deposits Pros Stable and often insured Easily accessible. Flexible rates. They can increase Cons Very low rates on deposits. You’re lucky if you can find...
by Michael Lecours | Feb 15, 2014 | Cash, Investment Strategies, Saving, Uncategorized
Cash in a portfolio should have a specific role in a portfolio. We see cash as fitting in one of these three categories: Liquidity provisions: this is to cover expenses and emergency funds. This includes money to pay for the mortgage, the unexpected new roof, basic...
