> Holding cash, after all, is just withholding wealth from being productive. Not true. Cash in hand or cash in the bank is actually an asset not a liability. E

> Holding cash, after all, is just withholding wealth from being productive. Not true. Cash in hand or cash in the bank is actually an asset not a liability. Every diversified portfolio should have cash in it. Some say as much as 30% of your wealth should be in cash or in assets that can be quickly converted into cash. If all of your wealth is tied to real estate or illiquid assets than that is a problem.