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Old 02-05-2016, 05:56 PM   #81
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Cash, (cash in a interest bearing savings account) is at 8% for us. Will eventually get it down to 5%.

But I'm liking cash as of late. It's been performing well
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Old 02-05-2016, 09:05 PM   #82
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30% cash, but will probably whittle that down to 5-10% over the next year.
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Old 02-06-2016, 07:30 AM   #83
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26%. I include my Short-term Investment Grade Bond fund in this number. I want my cash to keep up with inflation. No plan to change.
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Old 02-06-2016, 08:17 AM   #84
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Would you guys pull $30k out of market for 90 days to earn $400 on new checking deal?
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Old 02-06-2016, 08:18 AM   #85
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Would you guys pull $30k out of market for 90 days to earn $400 on new checking deal?
No.
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Old 02-06-2016, 08:19 AM   #86
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Would you guys pull $30k out of market for 90 days to earn $400 on new checking deal?
Nyet
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Old 02-06-2016, 08:21 AM   #87
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<2% , but then we've still got paychecks coming in every two weeks.
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Old 02-06-2016, 10:03 AM   #88
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Would you guys pull $30k out of market for 90 days to earn $400 on new checking deal?
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No.
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Nyet
Nope
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Old 08-02-2016, 11:12 PM   #89
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You serious? No.


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Old 08-03-2016, 02:57 AM   #90
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I have less than 1% in cash.

I have my brokerage money (which started out 15 years ago as my emergency fund money) in several tax managed CEFs which throw off monthly income from qualified dividends, long term capital gains, and some return of capital (from the option income CEFs which use ROC by design). At some point I will add in interest income from municipal bond CEFs and more ROC from individual MLPs. Maybe add back in some individual stocks at some point and some non-tax advantaged assets as well (equity/mortgage REITs, BDCs, taxable debt, etc).

With equity CEFs I am basically targeting three categories: (1) your typical equity CEF that pays out every cent it can each year and uses leverage (2) equity CEFs that put a substantial percentage into qualified preferred as wells as common stock, use leverage and purposely hold back some UNII so that distributions grow each year and much less likely to decline in a down turn, and lastly (3) CEFs dedicated to option income strategies and use no leverage (call option percentages range from 45% to 95% among diff CEFs, one also uses a collar strategy to be even more cautious).

Yearly income from equity CEFs is currently around 89% of my living expenses and taxed at 15% or less.
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Old 08-04-2016, 04:10 PM   #91
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Twelve percent.
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Old 08-04-2016, 06:50 PM   #92
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Twelve percent.
Twelve percent?? More caviar!!!

Seriously, I keep a higher than average percentage of paper assets in cash because I keep a minimum of three years of planned withdrawals from the inherited IRA in cash plus reserves for the rentals and emergency/rainy day funds are in taxable cash accounts. I'm also having trouble committing cash in large amounts to the market right now. Things are just too expensive!
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Old 08-04-2016, 07:16 PM   #93
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I have very little in cash: 1.5%. One of the sins of investing is keeping too much cash. Every dollar needs to work, even a little bit.
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Old 08-04-2016, 08:29 PM   #94
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Mine is working at 10 milli-percent.
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Old 08-10-2016, 11:13 PM   #95
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15% & keep going up...
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Old 08-11-2016, 02:55 AM   #96
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I have very little in cash: 1.5%. One of the sins of investing is keeping too much cash. Every dollar needs to work, even a little bit.
Nope.

Although at 1 to 1.3% interest even cash is still working for you.
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Old 08-11-2016, 03:05 AM   #97
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Nope.

Although at 1 to 1.3% interest even cash is still working for you.
+1 The drag of some cash isn't all that significant. Let's say that in the long term that bonds earn 4.5% and cash earns 1%. My AA is 60/35/5, so 5% cash drags my overall return down by .175% (3.5% * 5%).. IMO a small price for peace of mind.
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Old 08-11-2016, 03:29 AM   #98
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Cash is an extremely useful diversifier. There is also the psychological benefit of having short term expenses covered while you leave most of your invested funds exposed to market ups and downs, making it possible to stay invested in the face of events like 2008.

Investing is not necessarily about maximizing the long term gain. If it were, everybody would be 100% invested in small cap stocks or even emerging markets as they have the highest long term returns. But few older investors do that. Why? Because of volatility. Most retirees living off their investments deliberately select a trade off between short-term volatility and long-term gain by diversifying across multiple asset classes.
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Old 08-11-2016, 06:07 AM   #99
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41.27% in cash right now. This is due to large real estate sale which will be taxed. Not sure what to buy.
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Old 08-11-2016, 06:48 AM   #100
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+1 The drag of some cash isn't all that significant. Let's say that in the long term that bonds earn 4.5% and cash earns 1%. My AA is 60/35/5, so 5% cash drags my overall return down by .175% (3.5% * 5%).. IMO a small price for peace of mind.
5% isn't bad, but I read on here where some folks have way beyond that amount. 15%+. That is just giving money away. Plenty of low volatility options that earn 2%+ tax free.
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