Sam of Financial Samurai shares 5 reasons why the rich tend to hoard so much cash.
Episode 374: Why Do the Rich Hoard So Much Cash by Sam Dogen of Financial Samurai.
Sam Dogen's net worth took a beating in 2009 as the world was falling apart. He thought it would be a good idea to start a personal finance site to help himself and others make sense of chaos. After all, he had spent 10 years working in the finance industry, got his MBA from Cal, invested and saved aggressively, and still got financially rocked! Since then, more than 20 million visitors have stopped by FinancialSamurai.com.
The original post is located here: http://www.financialsamurai.com/why-the-rich-hoard-so-much-cash
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