A common sense strategy may be to allocate no less than 5% of your portfolio to cash, and many prudent professionals may prefer to have at least 10% to 20% on hand. In general, I always recommend having about 5% of your net worth in cash or cash equivalents. This way, an unforeseen emergency can always occur. In addition, you will always have some cash to take advantage of market sales.
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Where to Safely Store Gold and Money at Home
Learn how to safely store your gold and money at home from an expert. Find out what options are available for storing your precious metals and cash at home.
What are the fees for a gold ira?
Real-time account information is available through the golden IRA custodian. Still, with its low minimum investment requirement and extensive educational resource, it has quickly become the favorite as the best gold IRA company for new investors.
How much of your wealth should be in gold?
A general rule of thumb is to limit gold to no more than 5% to 10% of your portfolio. Depending on your situation and your risk tolerance, you may be more comfortable with a larger or smaller share of gold in your portfolio.
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