Thread: Why do we need cash?
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Old 12-03-2005, 06:02 AM
Soh Soh is offline
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Join Date: Oct 2002
Posts: 48
Default Why do we need cash?
I'm new to this topic, so maybe somone asked this already...

Anyway, why do people recommend to have like 5% cash in your mutual fund portfolio? I'm looking at this one particular model, and it says 75% US stocks, 20% international, and 5% cash, as an optimal aggressive plan.

Thanks

Soh
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