In this uncertain economy, many dentists have taken an overly cautious approach by accumulating large cash reserves. In its effort to stabilize the economy, the government infused tremendous capital through various spending programs and tax breaks. One notable initiative was the direct cash payment in the form of tax credits to individuals within certain income brackets. While these were designed to stimulate spending, they also triggered higher inflation. Over the past 18 months, the Federal Reserve has raised interest rates rapidly, aiming to contain this inflation surge.

While painful to borrowers, these actions have created potentially lucrative returns on cash for investors. Below, investment expert Liam Fitzgerald, CFP^®* outlines three methods to dramatically boost the returns on your cash.