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Comment by ghaff

>Rule 11 deserves a rethink. There is an official policy that cash will lose some % of its value each year! Holding 25% of your wealth in cash is planning to throwing away years of life.

That depends on lots of things including how old you are and the current economic situation.

For someone on the older side, getting a very low risk 5% on a chunk of their money doesn't seem like a half-bad strategy at the moment especially if they already own their home.

parent ghaff 3 years ago

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