ThirtySomethingWEquity
Active member
I'm curious how much you guys/gals carry in cash in checking/savings (relative to your overall stash or general income).
For a long time I always kept ~100k or so in plain ol' cash (stupid, i know) because I had variable income due to contract work and that seemd like a magic comfort number. At one point I realized I had a car loan and a bunch of cash not doing anything so I paid off my car loan.
Meanwhile my stock investments have gone crazy the last few years. How aggressive is everyone in terms of investing vs. parking cash in a money market or CD or something that won't have the possibility of tanking.
Last year we probably had 20% of our non RE net worth in various cash or cash equivalents. Now I'm thinking of all the $$$ I missed out on looking at the stock market. Thoughts?
For a long time I always kept ~100k or so in plain ol' cash (stupid, i know) because I had variable income due to contract work and that seemd like a magic comfort number. At one point I realized I had a car loan and a bunch of cash not doing anything so I paid off my car loan.
Meanwhile my stock investments have gone crazy the last few years. How aggressive is everyone in terms of investing vs. parking cash in a money market or CD or something that won't have the possibility of tanking.
Last year we probably had 20% of our non RE net worth in various cash or cash equivalents. Now I'm thinking of all the $$$ I missed out on looking at the stock market. Thoughts?