Toofuzzy Friday, 08/14/20 03:17:06 PM Re: Adam post# 44715 Post # of 44806 Hi Adam It wasn't so much of a drag in the past when MM rates were higher. There wasn't something ALWAYS inherently wrong with holding a lot of cash. I agree with you that now a days you want to park some of it somewhere else. It may just be semantics but I don't think high yield should be the place to park it. I think you want to park ( excess) cash in LOW VOLATILITY investments like short term bond funds yielding at present time 2.5 % not in a high yielding stock fund. SMHB would be an example of the later and look what the price of that did since January. Toofuzzy Take the road less traveled. It will make all the difference.