Here's Why I Stockpile Cash in the Bank
In case you've been living under a rock, our country is deep in the throes of a major health crisis, and it's likely that most people will feel the impact of the COVID-19 coronavirus one way or another. The stock market has been tanking over the past few weeks and portfolio values have been following suit. Not only that, but school districts are threatening to close, colleges are moving classes online, and major events are being canceled in an effort to limit the spread of a virus whose unknown nature makes it all the more frightening.
It's during times like these that I'm really thankful to have a pile of savings in the bank. Here's why.
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Source Fool.com
