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[quote=Anonymous][quote=Anonymous][quote=Anonymous]People who put enormous amounts into savings accounts [b]and don’t bother with non-retirement brokerage accounts[/b]. That 300k at 1% (if you’re lucky) is doing no work for you[/quote] This doesn't bother me if the same people are also investing money into the stock market. Say your hypothetical couple also has 1 million in a 401k and a couple hundred thou in other brokerage accounts. It wouldn't bother me that they also have a mountain of cash. Some people value the mental security that would give them.[/quote] If you have money savings and in a brokerage accounts, that's diversification, having liquidity, intelligent... If you just have the savings account it's short sighted [/quote]
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