12-01-2014, 01:47 PM 
		
	
	
		50%. 
The drag from cash is painful but as long as your vested portion is working hard to compensate for it, that is fine. Of course, that is a big IF.
At the end of the day, one should own stocks/companies which he/she has conviction (aka holding power). To blindly follow the idea that you should be (almost) fully invested at all times may be foolish since the option to not be vested is a powerful one and is what gives small investors an advantage over institutional funds who has to play the game even when the odds are not stacked in their favour.
---
http://value.i3-institute.com
http://i3-institute.blogspot.sg/index.html
http://facebook.com/i.invest.institute
	
	
	
	
The drag from cash is painful but as long as your vested portion is working hard to compensate for it, that is fine. Of course, that is a big IF.
At the end of the day, one should own stocks/companies which he/she has conviction (aka holding power). To blindly follow the idea that you should be (almost) fully invested at all times may be foolish since the option to not be vested is a powerful one and is what gives small investors an advantage over institutional funds who has to play the game even when the odds are not stacked in their favour.
---
http://value.i3-institute.com
http://i3-institute.blogspot.sg/index.html
http://facebook.com/i.invest.institute
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