Thread: Money matters ?
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Old 03-19-2017, 06:26 AM   #5
joey2665
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Quote:
Originally Posted by ApS View Post
Just hours before you posted, my NY-based CPA told me that "holding cash" depends upon your age.



As one ages, one should hold as much as 50% in cash.



.


I'm am a NY based CPA also and I agree. Simple philosophy is the older you become the more conservative your portfolio and more cash you hold.



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