American_Bankers_Association
CTFA · Question #98
Many financial planning experts recommend keeping a minimum of ____ to _____ of your investment portfolio in savings-type instruments in addition t the 3 to 6 months of liquid reserves noted…
The correct answer is C. 10% to 25%. See the full explanation below for the reasoning.
Investment Management
Question
Many financial planning experts recommend keeping a minimum of ____ to _____ of your investment portfolio in savings-type instruments in addition t the 3 to 6 months of liquid reserves noted earlier. Someone with $50,000 in investment should probably have a minimum of $5000 to $12500.
Options
- A10% to 15%
- B20% to 30%
- C10% to 25%
- D20%-25%
How the community answered
(24 responses)- A8% (2)
- B4% (1)
- C75% (18)
- D13% (3)
Topics
#portfolio allocation#liquid reserves#savings instruments#financial planning
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