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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Marvin Rauser
Subtly charming food trailblazer. Passionate tv advocate. Hardcore social media junkie. Freelance pop culture lover. Certified web maven. Subtly charming web practitioner.
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Can you sell gold for what you bought it for?
Marvin Rauser8 minutes 27, seconds readMost pawn shops, “cash for gold” shops, and some local jewelers will buy broken gold items. Broken gold items are usually valued based on their scrap value, the value of pure 24-karat gold left after the object has been melted.
Is gold in every stream?
Marvin Rauser3 minutes 59, seconds readAll the rivers in the world contain gold. However, some rivers contain so little gold that you could strain and sift for years and not find a single small flake.
Why gold has intrinsic value?
Marvin Rauser3 minutes 26, seconds readSilver reflects these attributes, although it appears to be less scarce and therefore less valuable per ounce. It should then be clear that gold has an intrinsic value due to its natural properties and the circumstantial geological composition of the Earth.
Is Physical Gold Worth Investing In?
Marvin Rauser3 minutes 29, seconds readPhysical Gold is one of the best forms of long-term asset protection. Learn more about investing in physical Gold - its benefits & risks - with this comprehensive guide.