What are Cash Investments?

When financial professionals talk about cash, they may mean several things - depending on the context. You can be sure of one thing, they aren't talking about the stuff we carry around in Hip National Bank.

Vanguard - Stock, bond, cash investments - What are cash investments?: "Cash investments—very short-term debt securities that pay a modest return but maintain the value of the investor’s principal—are appropriate for any of those financial goals. For individual investors, the most common types of cash investments are money market funds, bank savings accounts, short-term certificates of deposit (CDs), and U.S. Treasury bills. Only money market funds and savings accounts offer real liquidity, the ability to easily withdraw cash immediately without penalty." Read more of this guest article.