Warren Buffet thinks of cash as a call option: with no expiration date, an option on every asset class, with no strike price.  Google it, you’ll find it.

Note: You may not agree with my opinion, and that is fine, but please talk to a Trusted Wealth Professional to determine your Cash/E position in your portfolio. Cash/E is defined as Cash & Equivalents.

How much cash is too much in your portfolio?

Link: How much cash is too much in your portfolio?

Quote: “Investors should look for what Mr. Torres calls the “sweet spot of liquidity versus volatility.” That can be found when clients think long and hard about how quickly they might need money for a particular thing and act accordingly, finding investments that are not as risky as the stock market but not as liquid as pure cash and that can still offer some reasonable returns.”