But for astute investors like Buffett, this could very well be the best time to accumulate strategic assets, or launch relevant businesses. You buy an asset when its value is much higher than its price,” he says. “The good thing about money market fund is that it is almost the same as saving but with higher interest rates. This fund invests in near cash asset classes that you can easily liquidate in case of an emergency,” she says. However, not too many people will have cash to buy cement or steel bars from a hardware,” says Eric Munywoki, a director at Goodson Capital.

Source: Daily Nation June 06, 2020 04:52 UTC