Hi Daisy
>>>>Incidentally, I notice that some of the reports to this BB show cash levels down in the mid-20s. I appreciate the purpose of the V Wave is to establish starting point cash levels, but even so does this suggest some people are operating at higher than recommended risk levels? <<<<
My own feeling is if you started in an average market with 50% cash, you should be building even MORE than that as the market has gone up. So while if you started investing in 2003 or 2008 you could have started with less cash you should be building up a LOT more now and certainly more than 20%
While the V-wave is SUPPOSED to be just a guide for starting it wouldn't be out of line for your account to track the individual stock V-wave level, even for funds.
Toofuzzy
Take the road less traveled. It will make all the difference.
