Albert -- holding "CASH" in a retirement account is not a good thing to do..... for a number of reasons -- but it's not "accessible" cash when it's in a retirement account. There would be early withdrawal penalties etc -- and if you ever really need "cash" -- a brokerage will loan you money against your account -- There's many rules and tax items to deal with but you get the drift.
The reason you don't want "cash" in a retirement account is that the account should be considered your more "LONG TERM" account -- it's there to grow before retirement -- and it's there to spin off income etc for long after you retire.
Most of the stock markets gains are on VERY few days.... if you're not invested on those days... you miss the years gains! SO trying to "time the market" with holding cash -- and waiting.... well --- do that with your non retirement accounts if it makes you feel good.
If you don't know where to put the cash - just stick it in the SPY or QQQ or something similar.
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