What is Cash?
Let’s differentiate between cash, pure cash that’s sitting under your mattress non yielding non-interest bearing cash in cash alternatives like a money market, or a CD. Those are things that are yielding you a return on investment. CDs for a defined term, they’re going to give you a stated rate as long as you keep it in there. Money market has a stated rate on it as well. That’s going to fluctuate depending on where the Fed in the interest rates are. So when we’re talking about cash, we’re mostly talking about cash alternatives just because they are at an attractive yield that people couldn’t get over the last decade, you weren’t getting 4-5% on cash alternatives. Your cash is still paying you nothing. I mean, go and look at what the yield of your checking or savings account or your mattress, as we were joking about, is it’s zero almost. You’re not getting anything on those particular true cash investments. Even though we might be at all time high yields, you got to think about the fact that we also have all time high inflation. We were a 9.1% inflation back at the peak, even though yields were upwards of 5%, you still have a loss of purchasing power if you are putting your money purely in cash, which is why we talk about equities and always maintaining an equity sleeve in portfolios because in reality that is what acts as your inflation hedge over a 30 year retirement period is the equities that gradually and hopefully outperform fixed income over that in retirement period.
Ten Capital Wealth Advisors is a group comprised of investment professionals registered with Hightower Advisors, LLC, an SEC registered investment adviser. Some investment professionals may also be registered with Hightower Securities, LLC, member FINRA and SIPC. Advisory services are offered through Hightower Advisors, LLC. Securities are offered through Hightower Securities, LLC. This is not an offer to buy or sell securities. No investment process is free of risk, and there is no guarantee that the investment process or the investment opportunities referenced herein will be profitable. Past performance is neither indicative nor a guarantee of future results. The investment opportunities referenced herein may not be suitable for all investors. All data or other information referenced herein is from sources believed to be reliable. Any opinions, news, research, analyses, prices, or other data or information contained in this presentation is provided as general market commentary and does not constitute investment advice. Ten Capital Wealth Advisors and Hightower Advisors, LLC or any of its affiliates make no representations or warranties express or implied as to the accuracy or completeness of the information or for statements or errors or omissions, or results obtained from the use of this information. Ten Capital Wealth Advisors and Hightower Advisors, LLC assume no liability for any action made or taken in reliance on or relating in any way to this information. The information is provided as of the date referenced in the document. Such data and other information are subject to change without notice. This document was created for informational purposes only; the opinions expressed herein are solely those of the author(s) and do not represent those of Hightower Advisors, LLC, or any of its affiliates.
Form Client Relationship Summary ("Form CRS") is a brief summary of the brokerage and advisor services we offer.
HTA Client Relationship Summary
HTS Client Relationship Summary
Hightower Advisors, LLC is an SEC registered investment adviser. Registration as an investment adviser does not imply a certain level of skill or training. Securities offered through Hightower Securities, LLC, Member FINRA/SIPC. brokercheck.finra.org
© 2025 Hightower Advisors. All Rights Reserved.