Personal Finance

Who is using all this cash?

  • Last Updated:
  • Apr 21st, 2017 6:40 am
Deal Addict
Dec 16, 2005
3439 posts
mr_raider wrote:
Apr 19th, 2017 2:26 pm
Every Indian, Bengali or Pakistani has an old senile uncle who repeats this phrase regularly as if it was divinely ordained. Usually while stuffing their face with food.
The cash is king idiom is not even meant for this situation.

It is used for business and investment portfolio indicating a large liquid asset pool. Typically "cash" that is easily accessible.

This liquidity allows options when the going gets tough.