@socialcap: Nothing earth shattering here, but a healthy reminder that #cash gives us as #investors a lot of flexibility. #financialadvisor #money #wealth #socialcap
One year till retirement and sitting on 30%+ of our portfolio in cash. With cash at 5%+ I’m waiting for dips and at worst set for the next few years of living expenses.
2024-08-20 20:21:01
7
Elvis :
I have about 2.5MM in investments. You’re saying it’s important to keep 250K in cash? That’s like two years of living expenses. Never ever heard that recommendation
2024-11-08 10:38:06
0
mickeyhatcher :
So where are you store in this cash?
2024-08-20 20:36:20
7
Jake Mason :
My wife and I just saved 5% on our flooring project because I offered to pay in cash. Cash is 🤴
2024-08-20 23:43:34
11
Dan Verill :
Great content! Subscribing for more
2024-08-21 00:54:08
8
marksantefeld :
Absolutely right. You’ve gotta have some cash on hand to pick up the stocks on fire sale.
2024-08-21 06:17:01
9
user7391700255211 :
By cash, do you mean money market and HYSA too? just seems like a lot of money to be keeping in a checking account
2024-08-22 21:10:04
0
Bruceconsidered :
I am liking your advice. Thank you.
2024-10-14 05:24:59
0
Bill Conry :
10% is way to high to hold in cash for most people. It loses value each year from inflation.
2024-08-21 22:32:24
4
me :
Imagine 10% of two million thats a lot of cash to sit around.
2024-08-24 04:12:31
2
Cruise_Crazy :
Hell ya !!!! Love the content
2024-08-21 01:12:14
5
blizzard wizard :
CD at 5.8%
2024-08-20 23:29:15
4
user6804162167444 :
What about gold?
2024-08-20 20:32:50
6
Horse Money :
Totally disagree with this one. The Berkshire thing isn’t even true. He was getting blasted for years because the cash was making BRK underperform the market, and that’s still the case today.
2024-09-14 11:03:14
0
Psu921 :
Yea 20% cash not happening. I have 6 months of bills.
2024-08-21 00:14:04
4
JoeSWFL :
Thank you for all your content.
2024-08-21 00:57:19
3
Joseph Warner111 :
i had mt money managed by a one of the big firms. i have never seen them convert cash ti sticks duting a downturn. not even when the market dropped in 2020. 1/2
2024-08-20 20:28:53
3
BigAL :
10% !!! Man, that seems like a lot, never thought of having that much in accumulation phase.
2024-08-21 00:11:31
1
russellschenk85 :
expences are all the things you buy not just monthly bills. A really huge difference.
2024-08-21 04:24:35
6
summermusings :
10% of assets is more than I epuld have thought. I have the 6 month emergency fund so I guess this is the next HYSA or do you recommend some other way to hold your cash?
2024-08-20 20:18:50
3
Italian Meatball :
Thoughts on gold?
2024-08-21 03:04:48
5
🌈 RainaMadeItWeird 💙 :
Thank you!
2024-08-22 16:09:27
5
Rude dog :
So true
2024-08-21 05:01:36
3
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