Money matters ? - Winnipesaukee Forum

03-19-2017, 06:26 AM

joey2665

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Join Date: Sep 2008

Location: Meredith Bay & LI, NY

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Quote:

Originally Posted by ApS

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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