Part 2/8:
Cash isn't just for day-to-day expenses; it can be vital for emergency funds, saving for a major purchase like a house, or planning for college tuition. However, the hosts emphasized that keeping large sums of cash in traditional checking or savings accounts typically generates minimal interest, often nearly zero. This situation creates a dilemma for many savers who seek means to grow their wealth without exposing themselves to the volatility of the stock market.