Comment & Analysis
Ultra-rich Americans are moving cash out of the market and hoarding historic levels. Here’s where they’re putting it
High net worth individuals — typically those with $1 million or more in investable assets — held large portions of their total portfolio in cash in 2024. According to a survey conducted by Goldman Sachs, wealthy individuals park roughly 20% of their net worth in cash and cash equivalent holdings…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Yahoo Finance