John Boyd quoted on Baron’s
In this article by John Boyd, Founder and Lead Wealth Advisor at MDRN Wealth, the focus is on shifting cash into more lucrative investment options. With the expectation of rate cuts by the Federal Reserve, cash’s prospects are dimming. Boyd suggests exploring alternatives like bond ETFs from Vanguard, dividends, and growth stocks. Wall Street expects a surge of cash into equity and fixed-income markets, given the potential decline in cash yields. Boyd emphasizes the opportunity costs of holding onto cash for too long, pointing out missed gains from last year’s stock market rally and the modest returns of bonds compared to equities.
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