Summary: Liquidity is overrated. Once you have about six months worth of living expenses saved, there’s really no need to hoard even more cash since you have insurance. If you do accumulate more cash, that’s called “cash drag” because cash returns have underperformed assets such as stocks, bonds, and real estate since the beginning of our Read More... The post Patient Capital: The Key To Long-Term Wealth Creation appeared first on Financial Samurai.
