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re: What % of your portfolio do you leave in cash?

Posted on 2/1/23 at 10:40 am to
Posted by Triple Bogey
19th Green
Member since May 2017
5995 posts
Posted on 2/1/23 at 10:40 am to
I had a margin loan that I just had to pay a lot of back because the SOFR has gotten so high over the past year, but I'm still sitting at around 10% cash in the investment account.

If the market gets extremely bad or the opportunity comes, I can always dip my toe back in the margin. Assuming interest rates get cut the cost to borrow won't be bad at all.
Posted by FLObserver
Jacksonville
Member since Nov 2005
14488 posts
Posted on 2/1/23 at 12:16 pm to
quote:

Sorry. Mistype there.

I meant 100% invested 0% cash.


Thought so all that typing to be 100% on the sidelines.

I figured I love bama would enjoy the doomsday quote.


quote:

If the market gets extremely bad or the opportunity comes, I can always dip my toe back in the margin


Yeah i have never used margin but i have a ton available if want to use but that just scares me.
This post was edited on 2/1/23 at 12:19 pm
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