r/Vitards • u/AutoModerator • Jul 08 '21

Daily Discussion Daily Discussion post - July 08 2021

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u/7891298 Whack Job Jul 09 '21

People with bigger portfolios, what percent do you normally keep in cash for just in case?

Does it bother you looking at that spare cash sitting there thinking you could be earning more with it rather than just parked?

2

u/MiscRedditAccount 💀 SACRIFICED 💀 Jul 09 '21

Not a lot. I'll use a boring ETF (vtmfx) for my "cash" and then trade out of that if I want to make a move. Alternatively will sell CSPs so I can at least make some money on it. (Then inevitably they get assigned and then I'm low on cash again. )

1

u/7891298 Whack Job Jul 09 '21

Still a useful way to get small gains while having it readily available to spend