How much cash “float” should I keep?

Freetrade has eventually managed to get my joint account linked properly so I’m now ready to start making some investments :grinning:

On Friday I queued up orders for ETFs and used most of the reminder to buy a bit of Gladstone Capital leaving me with about £1! However if the price of the ETFs changes before the queued orders are fulfilled and I run out of cash would some of them fail?

Also do you find it easier to balance a portfolio if there is some cash in the account?

If they are UK companies I assume so then yes. It would buy the most it can and if none is that answer then I assume it will be zero. If I queue stocks I always leave Gladstone or Berkshire until all transactions are complete and use the accumulated left overs on a US as you get to use up to the last 8p or so :+1:

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Thanks, waiting until after all the trades have gone through makes sense! I think I was too keen to get going and only the US market was open :sweat_smile:

Is Berkshire, Berkshire Hathaway? I’ll take a look at it too.

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Yep it is one of my favourites along with Gladstone to use up any money or dividends. :+1: and totally understand the impatience part as been there many times before :slight_smile:

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Just looked up Berkshire Hathaway and found out that it’s Warren Buffet company :sweat_smile: Shows I’ve got more to learn!

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