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[quote=Anonymous]The amount will obviously vary with income and expenses. I keep low five figures in credit union checking to pay monthly bills, high five figures in a credit union money market account to be a reserve to replenish checking if needed while earning a higher interest rate in the interim, and low-mid six figures in a settlement fund at my investment company, where it is invested in another money market fund which can be instantly exchanged with funds at my bank if additional liquid funds are required. The rest is in equities and bonds, mostly low-cost ETFs, in both taxable and non-taxable accounts. The ETFs are liquid, able to generate additional cash instantly if ever required. Cash and cash equivalents, which provide relatively low returns in exchange for safety and liquidity, represent around 3% of my portfolio. [/quote]
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