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Earlier today, Henry Wheelwright, CFP® and Gina Mackey attended the AI Ethics Roundtable at the Massachusetts State House for a discussion on AI ethics, governance, and responsible innovation. As fiduciaries, we remain focused on how emerging technology will shape markets, data security, and long-term investor protection. #Fiduciary #ResponsibleInnovation #AIEthics #Governance #WealthManagement #InvestorProtection | Stablepoint Partners
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Having too much cash sitting on the sidelines in a money market fund might seem like a safe move. But history shows that there’s an opportunity cost to playing it too safe. Simply put, cash has less growth potential and most likely won’t help you reach your long-term goals. Even with periodic market downturns, history shows that markets eventually rebound, recoup their losses, and ultimately move higher — outperforming cash by a wide margin. | Jennifer S. Kingston, CFP, RICP
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