05-19-2015, 02:36 AM
I don't leave much cash in the account but sometimes I'm waiting for something to get closer to my price. Since I don't have a regular stream of cash pouring into the account, I'd rather wait for the right price provided it's not measured in years. That being said, I have about 1.5% in my account and my wife has less than 1% in cash. Both are waiting for the limit orders to trigger.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan