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Why you shouldn’t sit in too much cash?

We see high levels of cash in accounts far too often. We understand why people do this, but we think that too much can be an issue. How much do you really need?
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Published 2 January
4½ mins

It may be because there is a lot of bad news in the headlines with regard to financial markets that investors turn to cash. The most liquid of asset classes 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.

Clients of Nedbank Private Wealth can get in touch with their private banker directly to understand how we manage cash in our portfolios, or call +44 (0)1624 645000 to speak to our client services team.

 

If you would like to find out more about how we manage clients’ investments, please contact us on the same number as above, or get in touch via the forms linked towards the end of the page.

Investments can go down, as well as up, to the extent that you might get back less than the total you originally invested. Exchange rates also impact the value of your investments. Past performance is no guide to future returns. Any individual investment or security mentioned may be included in clients’
portfolios. They are referred to for information only and are not intended as a recommendation, not least as they may not be suitable. You should always seek professional advice before making any investment decisions.

about the author

Rebecca Cretney

Rebecca Cretney

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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