RE:RE:RE:How much cash to holdbossu wrote: Something you forget to mention in your comments about ''how much cash to hold..'' you have to consider the aging and health factor '
Because of my age I feel the necessity to hold more cash in my total holding and I want to share with you why I want to preserve the cash I made during the last 18 months.
In percentage :
From February /March 2020 to December 2020 + 48 %
From February /march 2020 to August 24 2021 + 200 %
So I's a double and I had to withdraw 5,8 % per year in my
Register Saving Account because of my age.
Just to say that keeping 60 % under an umbrella without any fear to loose
anything and still have 40% invested and generating a smaller but still pretty good overall yield on dividend paying stocks and some cash to make occasional swing trading in my three acounts.
Of course the market is overvalued and due for a correction but nobody can say WHEN this will happen and I have almost no time to face any head wind that could come at anytime.
Soon cash will become king.