The importance of cash

Cash may not be as glamorous as other assets, but it is the oil that greases the wheels of a well-run self-managed super fund.

Cash may not be as glamorous as other assets, but it is the oil that greases the wheels of a well-run self-managed super fund. Unfortunately, it often takes a crisis to appreciate the value of a flexible and accessible cash hub.

In the accumulation phase, while you are still working to build your super balance, a cash reserve can be used to take advantage of investment opportunities and to keep your powder dry during a market downturn.

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