What Is the Best Play for Your Money Right Now?

What Is the Best Play for Your Money Right Now?
A money counter counts 100 U.S dollar banknotes in Kiev, Ukraine, Oct. 31, 2016. Reuters/Valentyn Ogirenko
Reuters
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NEW YORK—When the stock market has suffered a couple of really big slides in a row, the financial advice to those who are freaking out is always: Do not look at your account balances. But maybe, just this once, you should peek.

The advice still stands not to change anything in your portfolio; trying to time the market is a fool’s errand. What you need to look at is your cash.