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Why This Portfolio Manager is Sitting on a Mountain of Cash
Are you chasing returns while smart money waits on the sidelines? In this episode of In the Money with Amber Kanwar, portfolio manager Mike Vinokur of Propellus Wealth explains why he’s holding 37% cash in his equity portfolio and why that might be the most rational move in today’s volatile market. Mike shares why “cash…
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By In the Money with Amber KanwarAre you chasing returns while smart money waits on the sidelines? In this episode of In the Money with Amber Kanwar, portfolio manager Mike Vinokur of Propellus Wealth explains why he’s holding 37% cash in his equity portfolio and why that might be the most rational move in today’s volatile market. Mike shares why “cash…