How much CASH I’m sitting on right now

Financial Education•Jul 3, 2026

Summary

Jeremy provides an overview of his current financial position, noting that he maintains a cash reserve of about $1.5 million, which is currently earning 3% to 4% interest. He explains that his sentiment toward the overall market is neutral rather than overwhelmingly bullish, particularly regarding the S&P 500 and the Nasdaq. He believes the market's recent performance has been heavily carried by specific sectors, notably chip and memory stocks like AMD, Micron, and Broadcom.

Despite his caution regarding the broader indices, Jeremy has been actively buying specific stocks over the past few months. He focuses on individual opportunities where he sees potential for outperformance, specifically within the Software-as-a-Service (SAS) and consumer goods sectors. He mentions that his cash balance would likely be higher if he hadn't been buying these names so aggressively recently.

Netflix (NFLX): Jeremy has very recently started building a position in this stock. He considers it a strategic addition to his portfolio during this period. He classifies this as part of his recent aggressive buying activity.

Celsius Holdings (CELH): Jeremy is buying this stock very aggressively at the moment. He identifies the company as a strong player in the energy drink market. This reflects his strategy of finding specific growth opportunities outside of the major tech indices.

Salesforce (CRM): This is one of the core SAS stocks that Jeremy has been buying aggressively over the last few months. He favors these specific tech companies over broad market trackers. He views the current price levels as an opportunity to build a significant position.

ServiceNow (NOW): Similar to Salesforce, Jeremy has been aggressively purchasing shares of this SAS company. He believes these stocks offer better individual potential than the overall market. His activity in this stock has contributed to the recent reduction in his total cash holdings.

Nvidia (NVDA): Jeremy observes that this stock has slowed down significantly compared to its massive run last year. He notes that investors can currently buy shares for approximately $191, which is lower than the $200+ price point seen previously. He uses this as an example of how some major market leaders have lost their immediate momentum.

Mentioned Stocks

CELH

Sentiment: BUYAction: BOUGHT

Reasoning: Jeremy mentions he has been 'starting to really buy aggressively Celsius stock,' identifying it as a key growth opportunity in the energy drink sector.

Loading chart...

NVDA

Sentiment: HOLD

Reasoning: Jeremy notes that Nvidia's growth has slowed down massively. He mentions you can get shares for about $191 today compared to over $200 last year, indicating it is no longer on the same 'roar higher' path as before.

Loading chart...

CRM

Sentiment: BUYAction: BOUGHT

Reasoning: Jeremy identifies Salesforce as one of the SAS stocks he has been buying aggressively over the last few months to capitalize on specific tech opportunities.

Loading chart...

NOW

Sentiment: BUYAction: BOUGHT

Reasoning: Jeremy lists ServiceNow alongside Salesforce as a stock he has been buying aggressively, preferring these individual names over broad market indices.

Loading chart...

NFLX

Sentiment: BUYAction: BOUGHT

Reasoning: Jeremy explicitly states that he has 'just very very recently started buying Netflix stock' as part of his current strategy to deploy cash into specific opportunities.

Loading chart...