 |
|
10-28-2011, 05:25 PM
|
#1
|
|
Recycles dryer sheets
Join Date: Jan 2011
Location: Desert SW
Posts: 358
|
Cash Positions
Since we have seen improvment in the market recently, I'm curious as to the percentage of cash being held by our esteemed group (especially for those already retired). Do count - savings, checking, money market, brokerage cash and under the mattress. Do not count cash being held in inside stock and bond mutual funds.
Right now I'm close to 10% - which is much higher than I need for living exepenses for the next 3-4 years, but I'm just not into buying more bonds now. Others?
__________________
Retired in 2011 at 54
|
|
|
 |
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
|
10-28-2011, 05:39 PM
|
#2
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Apr 2004
Location: South Texas~29N/98W Just West of Woman Hollering Creek
Posts: 6,674
|
I have about a years worth of expenses in cash-equivalent stuff. I am also retired.
__________________
Part-Owner of Texas
Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx
In dire need of: faster horses, younger woman, older whiskey, more money.
|
|
|
|
|
10-28-2011, 05:59 PM
|
#3
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 17,263
|
I have no changes in mind. I am still working on getting my allocation to 60/40 stocks/bonds (maybe REITs also) via a dollar cost averaging appoach. But, since i will have about 4 years until SS kicks in I am keeping a stash of cash to cover that.
__________________
Comparison is the thief of joy
The worst decisions are usually made in times of anger and impatience.
|
|
|
|
|
10-28-2011, 06:01 PM
|
#4
|
|
Moderator Emeritus
Join Date: May 2007
Posts: 12,901
|
I have about 9% in cash (checking/savings/money market), a few years worth of living expenses. I also have about 17% in CDs and iBonds.
|
|
|
|
|
10-28-2011, 06:13 PM
|
#5
|
|
Thinks s/he gets paid by the post
Join Date: Oct 2010
Location: Waimanalo, HI
Posts: 1,881
|
1.41% cash, counting checking/savings/money market. (I try to minimize cash.)
__________________
Greg (retired in 2010 at age 68, state pension)
|
|
|
|
|
10-28-2011, 07:56 PM
|
#6
|
|
Thinks s/he gets paid by the post
Join Date: Mar 2009
Posts: 2,985
|
13% cash. Several years expenses if I decide to retire.
__________________
Took SS at 62 and hope I live long enough to regret the decision.
|
|
|
|
|
10-28-2011, 08:09 PM
|
#7
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2004
Location: the City of Subdued Excitement
Posts: 5,588
|
Less than 1%.
__________________
I have outlived most of the people I don't like and I am working on the rest.
|
|
|
|
|
10-28-2011, 08:24 PM
|
#8
|
|
Thinks s/he gets paid by the post
Join Date: Oct 2008
Location: Naples
Posts: 2,179
|
100% cash which includes IRA CD and bank CD's. Zero in equities or bonds.
|
|
|
|
|
10-28-2011, 08:25 PM
|
#9
|
|
Moderator Emeritus
Join Date: Sep 2007
Posts: 17,774
|
Too much for many people's taste, but it lets us sleep at night knowing it's there.
__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
|
|
|
|
|
10-28-2011, 08:38 PM
|
#10
|
|
Administrator
Join Date: Jul 2005
Location: N. Yorkshire
Posts: 34,126
|
10%, and that includes my I-Bonds which I treat like CD's
__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Enough private pension and SS income to cover all needs
|
|
|
|
|
10-28-2011, 08:57 PM
|
#11
|
|
Gone but not forgotten
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 11,447
|
 Quote:
Originally Posted by Bestwifeever
Too much for many people's taste, but it lets us sleep at night knowing it's there.
|
+1
|
|
|
|
|
10-28-2011, 09:12 PM
|
#12
|
|
Thinks s/he gets paid by the post
Join Date: Jul 2005
Posts: 4,366
|
Right at 10% since the market hasn't taken a giant dip yet. I did invest about 2.5% in the last dip. I'll invest more if we get a bigger dip, or spend it in a few years if we don't.
|
|
|
|
|
10-28-2011, 09:48 PM
|
#13
|
|
Thinks s/he gets paid by the post
Join Date: Jan 2007
Location: Silicon Valley
Posts: 1,812
|
Quote:
Originally Posted by Moemg
+1
|
Add us to that camp. We are heavy in cash. It feels great each day not having to check the markets and knowing that no matter what you have what you started with the day before plus a bit more.
Of course it helps that we are able to get 5%+ on our cash in Australia.
__________________
I be a girl, he's a boy. Think I maybe FIRED since July 08. Mid 40s, no kidlets. Actually am totally clueless as to what is going on with DH.
|
|
|
|
|
10-28-2011, 10:23 PM
|
#14
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Nov 2007
Posts: 7,746
|
0.5%. No wait, today was payday, so 0.6% in cash. In other words, enough for around 1-2 months expenses.
__________________
Retired in 2013 at age 33. Keeping busy reading, blogging, relaxing, gaming, and enjoying the outdoors with my wife and 3 kids (8, 13, and 15).
|
|
|
|
|
10-28-2011, 11:18 PM
|
#15
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
|
8.7%
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
|
|
|
|
10-28-2011, 11:42 PM
|
#16
|
|
Thinks s/he gets paid by the post
Join Date: Jul 2005
Location: Los Angeles area
Posts: 1,708
|
<1%
__________________
learn, work, save, invest, fire
|
|
|
|
|
10-29-2011, 12:52 AM
|
#17
|
|
Thinks s/he gets paid by the post
Join Date: Sep 2008
Posts: 2,171
|
Right now I have only whatever is included in Target Retirement Income or other funds I hold, which according to portfolio Xray has generally been around 5% of the total. My target date is only a little over 18 months from now and I am thinking about changing my tax deferred contributions from adding more VTINX to Stable Value fund or some other cash-like choice. I had originally expected to be able to fill a cash "bucket" with some of the money from selling my house, but since real-estate prices have dropped so much, I don't expect to have any money left over after paying for a new residence in my retirement locale. With next year's increase to $17K in maximum contributions I could have around $25K by the time I retire, to make up the small difference between pension and expenses from then until SS eligibility.
|
|
|
|
|
10-29-2011, 02:23 AM
|
#18
|
|
Recycles dryer sheets
Join Date: Sep 2011
Location: Easten Long Island
Posts: 414
|
~ 40% cash, 40% equity, 20% fixed income
|
|
|
|
|
10-29-2011, 05:41 AM
|
#19
|
|
Recycles dryer sheets
Join Date: Jul 2011
Location: Citrus Hills
Posts: 235
|
At 8% cash now. In investment accounts only 3.9% in money markets. The return is so low there that I am keeping more in limited term munis that I might otherwise keep in the MMF. 
|
|
|
|
|
10-29-2011, 05:50 AM
|
#20
|
|
Moderator
Join Date: Feb 2010
Location: Flyover country
Posts: 25,356
|
About 10%. Almost completely retired. This is about as high as my cash percentage ever gets.
I'm waiting for the next buying opportunity which will probably bring it down to around 7% again.
It bugs me to see money not working -- I'm the ER guy, not my cash!
__________________
I thought growing old would take longer.
|
|
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
| Thread Tools |
|
|
| Display Modes |
 Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|
