Financial Thought of the Day January 8, 2015: An Ode to Cash

Cash may not work that hard for you as an investment but it can still perform many important functions. In the world of personal finance, it can provide a cash cushion for emergencies and a chance to take advantage of investment opportunities like cheaper stock prices. In the corporate world it can provide the company a chance to stay afloat during difficult times and provide them with the ability to make strategic acquisitions without relying on outside financing.