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Hi all,

I was wondering, is it a good idea to keep part of our retirement portfolio in "cash" as asset allocation pie charts for our risk tolerance say we should? I think it would be 5% that they say we should have in cash.

And if so, what might be a good thing to do with that cash, aside from a money market fund paying something like 0.01%? I am considering:

CDs

Municipal Bonds

And if we buy some of one or the other, it may be on the secondary market. Is AA considered safe enough for Munis for that cash?

Thank you so much!
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