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How Much Cash Should You Have on Hand Today?

Enough for an emergency fund, but some investors should set aside even more cash. Here's why.

Susan Dziubinski: Hi, I'm Susan Dziubinski for Morningstar. Investors often struggle with rightsizing their cash positions. Figuring out how much cash you should keep on hand and where you should hold it is the subject of Christine Benz's financial to-do list for May. She is here today to discuss the topic.

Nice to see you, Christine.