UnThreaded | Threaded | Whole Thread (35) | Ignore Thread Prev | Next
Author: akck Big red star, 1000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 77082  
Subject: Re: Wht Say You All Here.... Date: 7/17/2013 12:33 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
I agree with Rayvt that having too much cash is a drag on your portfolio. If you were in cash at the beginning of the year, you missed out on 18+% gain by the S&P500 on that money so far this year.

That said, I currently have about 2 years in cash as I'm about to retire shortly. The reason is partly psychological in that I don't want to get into that One-More-Year syndrome if the market drops before I retire. The main reason is that while I've charted out income and expenses, there are still some unknowns within my numbers, so I don't want to worry about where to pull out cash should I need a little more. Once my after-retirement cash flow settles out, I'll likely keep no more than 6-9 months in cash (dependent on dividend flow).
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (35) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
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.
Post of the Day:
Value Hounds

Waiting for Clarity
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.