Ep 22: Understanding the 3 Qualities of Money
Financial planning can be complicated at times so let’s try to simplify it a bit. Today we’ll break down the three qualities of money we utilize for a client’s portfolio and what type investments fit into each. Read more and get additional financial resources here: https://retirementplaybookpodcast.com/investing/ep-22-understanding-the-3-qualities-of-money/1321/ On today's show: 1:37 – What are the 3 qualities of money? 4:13 – Is there an investment that can get all three? 7:22 – What defines liquidity? 7:52 – Examples of growth and liquidity without safety. 8:31 – Growth and safety without liquidity. 9:56 – Which of these do clients typically emphasize?