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Money and Finances
Reply to "Liquid cash"
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[quote=Anonymous]Also agree it depends. I keep about 5% of my net worth in cash (checking) or short-term investments/bond funds that are easily sold. I'm not sure why i would need more. If for some reason my wife and I both lost our jobs, and we couldn't cut back on expenses, we would eventually have to sell other investments. Odds of those things happening while those investments are way down are pretty low (knock on wood!) so keeping extra cash to avoid losses in the event of asset sales seems dumb. [/quote]
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