Is Cash really King?
14 May 2012
By Simon Curtain Director/Private Client AdviserWe’ve all heard the saying, "Cash is King". But is it really?
Over the last few years, investors have been investing more and more in cash as a safe haven to protect against the uncertainty caused by the GFC and European Debt Crisis. Recent data released by Multiport shows that self managed superannuation funds (SMSFs) hold around 23 per cent of their assets in cash and term deposits.
This equates to around $100 billion in … Full Article

