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How Much Cash is Too Much in Your Portfolio? – Globe and Mail

“There are better things out there than money market accounts,” says Andrew Torres, Chief Investment Officer at Lawrence Park Asset Management in Toronto.   The key is finding a balance between being too cautious – in other words, having cash sitting there doing nothing – or the opposite, in which clients scramble to get their money working for them through riskier plays.  Investors should look for what Mr. Torres calls the “sweet spot of liquidity versus volatility.”