If you think there's going to be a second leg down after a spike in infections, second lock-down, etc. how much cash are you holding in your portfolios? What percentage compared to equities? I have 55k in my brokerage account now all in equities, mutual funds etc. and $2700 in a money market. My dad's an adviser and keeps telling me to build up some cash in my account for the next 12 months at least
Do you guys have any specific strategies? What percentage of your paychecks are going into a money market fund or wherever you hold cash compared to stocks? Also, which money market fund has the highest return? I have access to FNSXX which only has 1.19% annual yield.
Submitted May 27, 2020 at 04:24PM by CoffeeQID https://ift.tt/3gtqTsD
