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re: What % of your portfolio is cash?
Posted on 1/16/24 at 10:09 am to Billy Blanks
Posted on 1/16/24 at 10:09 am to Billy Blanks
quote:
What % of your portfolio is cash?
Just looking at retirement and investment brokerage accounts, about 30% is in cash or cash equivalents. But I use the “buying power” of those funds to employ various option strategies within those accounts. Goal is to make 8-10% per year from that. And if it’s a cash secured put that gets assigned, that’s how I’ve typically taken long positions on stocks I don’t mind owning over the past few years.
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