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Tune in for “The Aul Financial Hour” every Saturday at 10 a.m. on KMOX News Radio 1120 and every Sunday at 6 a.m. on ESPN 101FM!     


Mar 13, 2023

Back in 2019, we had a lot of fun discussing billionaire Ray Dalio’s statement that “Cash is Trash.”  Recently Ray flip flopped on that, telling CNBC that “Cash is a better investment than stocks and bonds.” Steve, do you agree? Isn’t this a great example of why we need a financial advisor because the economy is constantly changing… and so should our investments? Deciding whether to retire now during an economic downturn can be a scary decision.  It might force someone to put off leaving the workforce.  T. Rowe Price has researched something it calls a “pre-tirement” strategy, in that you delay the retirement date but not the gratification.  Is this a good plan for someone who’s sitting on the fence?  

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