Author Topic: How much cash do you have?  (Read 2515 times)

no_free_lunch

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How much cash do you have?
« on: November 06, 2019, 10:33:57 AM »
I don't do well with bull markets and I am holding more and more cash these days.  I usually run 20%, dropped down to 15% during the december crash but I back up to around 25%.   Just curious where others are at.

Also curious what people use for cash alternatives.  In Canada I mainly use xfr.to.


cherzeca

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Re: How much cash do you have?
« Reply #1 on: November 06, 2019, 10:53:27 AM »
this question should not be understood as a bull v bear market test but rather where you are in your investing life cycle (age/objectives etc) imo

wabuffo

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Re: How much cash do you have?
« Reply #2 on: November 06, 2019, 11:12:40 AM »
Another important factor is the size of your grubstake.  If its small and you are relatively young, there's an argument to be made that you should be fully invested at all times.

wabuffo

no_free_lunch

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Re: How much cash do you have?
« Reply #3 on: November 06, 2019, 11:34:04 AM »
I agree with both of you.  So many variables.

In my case I am far enough along that my "stake" is not really replacable and close enough to my retirement amount that it's not worth reaching.

I am making the assumption that most people here are fairly far along with their portfolio.

Take this survey with a grain of salt, just one data point.

MarioP

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Re: How much cash do you have?
« Reply #4 on: November 06, 2019, 12:41:03 PM »
You forgot <0. Iím retired  and usually have a 10% on margin . I know it is <10% but i think it is a different answer.

Foreign Tuffett

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Re: How much cash do you have?
« Reply #5 on: November 06, 2019, 12:53:06 PM »
I just emptied my pockets. I have exactly $37.53

fareastwarriors

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Re: How much cash do you have?
« Reply #6 on: November 06, 2019, 01:35:19 PM »
I use margin. negative cash

shhughes1116

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Re: How much cash do you have?
« Reply #7 on: November 06, 2019, 01:45:49 PM »
Right now I am at 15% cash, compared to -15% cash (i.e. on margin) in early January.


I find that I am pretty poor at timing the market, so I try to stay pretty close to fully-invested, while not using margin.  The last 12 months have been a bit of an exception for me, in both directions.   

obtuse_investor

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Re: How much cash do you have?
« Reply #8 on: November 06, 2019, 04:55:44 PM »
I voted. Although, I am more interested in the second question by OP.

Best ways to park cash in Canada. Thanks for suggesting XFR.TO. I didn't know about that. I wonder what the tax and risk profile is compared to a money market fund. Something, I'll have to look into.

I have been using Money Market fund from my brokerage's parent bank (TD, in my case). All other large banks have that offering. Although I am quite interested to see the large banks off "Investment Savings Account": See https://www.td.com/ca/en/asset-management/additional-solutions/ as example.  The interest rate is higher than their own CAD money market fund.

Any other ideas that Canadians have for having a ready place to park case. Ready, being available within 24-48 hours.
Value Investor who manages his personal portfolio with a 25-45 year time horizon | @obtuse_investor

Gregmal

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Re: How much cash do you have?
« Reply #9 on: November 06, 2019, 05:29:00 PM »
about -35%