RE: Why Cash Is An Important Part Of Your Portfolio
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Yes! We need cash but it's wise to keep most of our finances in investments rather than just holding them or storing them as Fiat.
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Oh yes in this environment for sure, but being too illiquid is also bad because you cannot take up opportunities, so there's a risk-reward ratio to holding cash too.
It then boils down to having a good knowledge of financial management.
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