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Percentage of club value to hold as cash
The Investment Club I belong to is concerned about the
amount of cash we have on hand. We presently have about 12%
of our money in cash. At the moment we have not decided on
another new investment. We could, of course, add to
positions we already hold My question is: What is an
average percentage for a club to hold as cash? Thanks for
some answers!

Carole Schmieder