Hold Cash or Invest? History Shows Cash Isn’t King for Long
Darrow Wealth Management
MAY 22, 2023
The federal funds rate hasn’t been this high since 2007 when it peaked at 5.25%. Again just using simple math, this presumes the par value will roll over each month and reinvest at the same rate to get to the annual yield. This has been the faster pace of rate hikes since the 1980-1981 cycle. 467% a month.
Let's personalize your content