Fast and Finance
Welcome to Fast and Finance! This podcast is designed for everyday, normal people just looking to improve their personal wealth management and expand their knowledge on the markets. We'll cover all the basic concepts so you have a strong base knowledge before we dive into anything more specific. Wealth management is a concept that is overlooked in many school systems, and we're here to change that! Please send us your questions to: patrick.mccrindle@lpl.com - Securities offered through LPL Financial, a member FINRA/SIPC. https://www.finra.org/ - https://www.sipc.org/ Investment advice offered through Private Advisor Group, a registered investment advisor. Private Advisor Group and SGI Wealth Management are separate entities from LPL Financial. https://www.sgiwealth.com/
Fast and Finance
Sitting on Cash
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Patrick McCrindle
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Season 2
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Episode 37
I wanted to dedicate this episode to something that normally goes unnoticed, or unattended to over time. In past episodes, I’ve discussed the importance of having an emergency fund of cash, enough to last for 4-6 months of expenses. You see most people just leave that cash either in their checking account, or a savings account not getting the best interest.