Having some cash on hand may provide a sense of security ... never run across anyone who has lost money in their FDIC-insured accounts.” ...

In the world of money, you'll often hear the phrase "cash is king" thrown around. Having cash on hand means you've got the flexibility to make a big purchase or pounce on an investment opportunity ...

The manager of the state's checkbook is moving money away from long term investments, opting for accounts with more flexible withdrawing if the moment demands it.