I have a silly amount of cash on hand right now thats simply going to get sillier when my wifes old house finally sells.
Mostly because there isnt anything I want to buy at these prices, and 3% 11 month and 4.61% 5 year CD's are making me perfectly happy for now.
But heck, I must have almost 10% of my total holdings in cash, MM and CD's right now.
Based on that criteria, I'm up there as silliest with 25% (5 years of living expenses + emergency fund); however, 5% is 'play'/trading money that's just in between positions. And by 'play' I'm referring to stocks that are intermediate to long term holdings not day trading. Can't make myself to go into bonds right now though that cost me some returns last year but peace of mind is worth more, I think. 'Investor knows thyself' kind of thing. I'm timing the return of 6%+ MM and 10%+ CDs
If this year's return is half that of last year, I'll be a happy camper.