In today's rocky markets, cash is an asset-allocation choice

<p>Peter Crane, president of <a href="https://cranedata.com">Crane Data</a> -- which publishes the Money Fund Intelligence newsletter tracking the performance of money market mutual funds -- says that high interest rates should have investors thinking about where to park and protect their cash, and to treat their cash holdings as an asset rather than an after-thought in the investment plan. He also discusses the likely path of money fund rates based on the Fed's moves. In The Book Interview, Victor Haghani, co-author of "<a href="https://elmwealth.com/book">The Missing Billionaires: A Guide to Better Financial Decisions</a>," discusses how bad financial choices have wiped out countless family fortunes that would have grown massive had they just been managed smartly. In the Market Call, George Villere, co-manager of <a href= "https://villere.com">Villere Equity and Villere Balanced funds</a>, talks small- and mid-cap investing.</p>