Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Greetings, Jangle1, and welcome. You asked:

<<I've let this lay dorment for a while now, but I just read the FoolU Q&A on assett allocation and there the advise is to have 3 to 6 months of cash and the rest 100% in stocks. This seems to be 180 degrees from your position of 5 years of cash. Any response to the FoolU Q&A?>>

The FoolU piece you read is written from the standpoint of someone who is still working with many years to go before retirement. Consequently, the assumption there is the income comes through wages, something the retiree typically does not have. Still, even for workers, we maintain that money you know you will spend in three to five years that can't come through wage income should not be in stocks.

Regards..Pixy

Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement