Cashing in at the right time

The author and analyst Robert Prechter once wrote "There's nothing wrong with cash. It gives you time to think." Those who have been 'thinking' over the past twelve months are surely delighted they chose to do so, but is there more to investing in cash than just biding your time, and what role does cash play in retirement planning? First things first, it is important to set the question into context. When discussing retirement planning, it is easy to assume we are thinking solely about investments within pension plans, but increasingly people are looking to alternatives such as ISAs or pr...