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Why you shouldn't sit in too much cash?

4½ mins
Rebecca Cretney, 
January 2020
Why you shouldn’t sit in too much cash?

We see high levels of cash in bank balances far too often. We understand the reasons people give when asked why.

It may be because there is a lot of bad news in the headlines with regard to financial markets. Cash also provides flexibility and, for some, starting to invest still feels too uncomfortable.

However, we believe that too much cash is an issue and that you are better thinking through what cash you need for the short term and invest the rest for the long term. Watch our four minute video to understand why.

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Rebecca Cretney

Rebecca Cretney

Investment Counsellor
Isle of Man

Rebecca joined Nedbank Private Wealth in May 2004 having moved to the Isle of Man from Barcelona to pursue a course in Business Studies with the Isle of Man Business School. Rebecca was appointed to the role of investment counsellor in March 2019 to focus exclusively on the company’s discretionary investment management services. She works closely with our teams of private bankers to provide support in advising our clients with integrity, and to give additional technical investment expertise where more complex portfolio requirements exist. Rebecca is a Chartered Fellow of the Chartered Institute for Securities & Investment and a Chartered Wealth Manager.

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