Cashing Out

[shiny]

I was just wondering about something... I've read several posts where people talk about the fact that they "cashed out" in the fall or they want to now, etc. Where do you put all that cash? Is it actual cash?

I mean, we have cash. Like MMF, CD, savings account cash. But, if we cashed out our whole portfolio I would be at a loss - do you put 95k in lots of banks to avoid FDIC risk (which I hadn't really worried about until now) or in MMFs and hope for the best, treasury bills (we are getting out of technical cash here), under the mattress, what?

Anyway, I'm not planning to do this. I was just wondering what people mean when they say they are cashing out.