What's everyones portion of asset to cash right now?

Stock market and property market looking a little tipsy, I'm about 1/3 cash right now ready to buy some more equities, maybe a regional VIC IP if it comes off the boil

 

What parts of regional VIC u expect to come down?

 

There needs to be context. If income is four times all expenditure, the PPOR is owned with no mortgage, and there's income from a dozen sources, the a lot of cash is not needed. I always look at cash as a multiple of spending with the units months or years. If a person spends $12,000 a year and has $6000 in cash that's six months. If income only just covers expenditure then more cash is needed than the four times example above.

As a percentage of total assets (with and without the PPOR) my cash is quite small. In terms of time it's quite comfortable. If the redraw is included then the cash is significant.

 

About 7% cash.

 

We just sold an IP so just over 4% cash right now.
Will be selling more soon.

 

Currently.....15% of my portfolio..... in cash via offsets...

 

Not really holding any cash outside of nominal amounts just income coming in and then going into assets. Pretty much debt free though so not much requires servicing.

 

“My portfolio is very balanced… I have half my assets in cash and the other half is in pain…”

 

By pain do you mean crypto?

 

it's a quote by Druckenmiller. ATM anyting other than cash and some CIP is pain.

 

Had $10 this morning which I had to spend so I went to the ATM and with Debit card got another $100. So my portion of assets to cash decreased 9 fold. Have not had Cash for 30 years, use LoC. A more meaningful question would be how many years living expenses can be drawn, and how much liquidity is instantly available.. At the moment have about only 3% of assets, or 2 years costs at hand as have recently been buying high yielding shares and have of 20% of assets as liquid . The figure is low because of recent phenomenal GC. Might buy a property this week so it might all change and sell one in 2 months and change again. If you have cash flow holding cash may not be the best idea.

 

Sold 3 IPs last year at the peak, bought 2, with spare cash left over, around 10% of total at the moment, waiting for a bargain to turn up.

 

About 25% total net worth in cash in offsets rightnow, about 2x as much as normally have due to selling an IP last week

 

CF is very strong from business, commercial real estate here and abroad. About 18% sitting in offset. Numbers will change soon as making a purchase in the next few weeks. Hungry for more purchases as opportunities present themselves.

 

All capital city purchases Sackie, or any regionals?

 

No I don't have any regional. All capital cities. For Aussie property, approx 60% Sydney, 20% brissy, 20% Melbourne.