After more than a decade of near zero interest rates, it is now possible to earn some income from cash and short-term investments.
But where should you park your cash? There are many options from bank accounts to money market funds to bonds. Each come with their own benefits, risks and quirks.
But why we would even hold cash? And what makes 2023 a potentially lucrative environment for short-term investments?
And in today’s Dumb Question of the Week: What is a bank?