By SIMON CONSTABLE
Most people, even those new to investing, know they need a heavy helping of stock in their investment portfolio to get the highest returns. Far fewer have any idea what portion of that portfolio should be allocated to cash or cash equivalents.
So how much is too much?
Most advisers agree that everyone should have enough money to cover several months of living expenses set aside for emergencies in an easily accessible account. But when it comes to how much cash, if any, investors should hold beyond that as part of their investment mix, the experts’ views diverge. Read more here.
Photo by engin akyurt on Unsplash
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