Cash makes for bad mattress stuffing. Do NOT stuff your money in a mattress. Most savings accounts ARE mattresses.
- I am not a CFA. This is PEER advice, not PROFESSIONAL advice. Though professionals, would probably agree with me, speak with a professional for professional advise.
- If you are in a financially insecure place, it may make sense to have your money in a mattress–figuratively or literally. When you are in a situation where you can invest outside the mattress, speak with a CFA. Your bank may have one on hand, so you can start there.