Mutual funds and ETFs are generally not allowed to hold much cash. But, being fully invested makes a lot of sense only when then the market is cheap. Rahul Garg says that when the market is priced richly, you want to raise some cash so you can take advantage of bargains produced by the next correction.
Mutual funds and ETFs are generally not allowed to hold much cash. But, being fully invested makes a lot of sense only when then the market is cheap. Rahul Garg says that when the market is priced richly, you want to raise some cash so you can take advantage of bargains produced by the next correction.
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