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.
References

Marvin Rauser
Subtly charming food trailblazer. Passionate tv advocate. Hardcore social media junkie. Freelance pop culture lover. Certified web maven. Subtly charming web practitioner.
More Articles
Did the US Steal Gold and Oil from Iraq?
Marvin Rauser1 minute 15, seconds readThe conspiracy theory that the United States stole Iraqi gold and oil is still circulating. Learn more about what really happened in this article.
Iraq's Final Payment to Kuwait: A Historic Achievement
Marvin Rauser1 minute 44, seconds readThe UN Compensation Commission announced that it had transferred the final compensation payment to Kuwait on 13 January. This moment marks a historic achievement for the United Nations and for effective multilateralism.
Is Physical Gold a Good Long-Term Investment?
Marvin Rauser2 minutes 41, seconds readGold has long been seen as a store of lasting value and a safeguard against inflation. However, over the long haul, both stocks and bonds have generally outpaced the rise in the price of gold.
What are different size gold bars?
Marvin Rauser3 minutes 12, seconds readMolten gold ingot is the most popular subcategory of poured gold bars. Most of the time, a molten gold ingot is only produced in the largest sizes, such as 10 troy ounce or 100 gram gold bars.
Leave Reply