Val said:
Always stay fully invested. Cash just drags down your returns.
Unless the market is dragging everything down. Even Buffett agrees cash can be useful.
But even he struggles to beat the market consistently.
Buffett keeps cash, so I do too. Though $50k extra might be a bit much.
Zyler said:
Buffett keeps cash, so I do too. Though $50k extra might be a bit much.
Buffett’s financial situation is nothing like yours.
Zyler said:
Buffett keeps cash, so I do too. Though $50k extra might be a bit much.
Depends on what your expenses look like.
Keep your emergency fund in cash and invest the rest.
You’re just timing the market if you do that. Stick to dollar-cost averaging.
Depends on your net worth. An extra $50k might be nothing if you’ve got millions.
Go all in! No regrets!
Look at the gains over the past year. The opportunity cost of keeping cash in a 5% account is pretty high.
Peter Lynch always said you can’t time the market. Even missing a few of the best days can ruin your returns. Better to get in as soon as you can.