We have been conditioned to believe cash is a risk-free investment, but when it doesn't generate a sufficient return this comes with its own dangers. Need for income alone shouldn’t justify shifting your entire portfolio into cash, term deposits and fixed income securities like bonds.

General Advice warning:
Pearl Funds Management, an authorised representative AFS Rep No 001254808 of Banyan Securities Pty Ltd AFSL 484139
The information presented by us is general in nature and does not take into account your personal goals and objectives. It does not represent financial product advice. You should always seek independent legal and financial advice before making a decision in relation to a financial product. Read the Product Disclosure Statement (PDS) before making a decision. You should consider your own circumstances, needs and financial objectives before making a decision.

Kirstie Spicer
9 June 2015