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Investing Specialists

Tips for Wringing More From Your Cash Holdings

Posters share concrete ideas--and warn about potential traps--for a portfolio's liquid reserves.

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Just five short years ago, it was possible to pocket a return of 5% on your cash holdings. That's right--a 5% return for taking no risk whatsoever. It seems like a lifetime ago, doesn't it?

Now, with the Federal Reserve indicating it will keep interest rates low through at least mid-2013, you're lucky to earn a positive return on your cash, generally defined as money held in certificates of deposit, money market accounts and funds, and checking and savings accounts.

Christine Benz does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.