A Nice Problem to Have
My cash pile is currently 61% of my liquid net worth. I wanted that to be 10% by the end of August, and it doesn’t look like that will happen, given the market’s choppiness.
Worse still, each month increases that pile because of my business income. In August, if I do nothing, my cash on hand will increase from 61% to 68%. That’s terrible. An excellent problem to have, but terrible.
I’ve always wanted a safe place to park money and have written about it a few times. I will have to go back and read some of those posts to see if it causes me to act.