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Reply to "Is this too much cash, or is it appropriate?"
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[quote=Anonymous]I lean very conservative. 8 years of expenses is a LOT, especially with a paid off home and car, and, I assume, no other debt. How old are you? From what I am reading, you have zero invested in stocks - just all cash and the home equity, yes? You may really come to regret having zero in your retirement. I think you might just about quality to do a Roth IRA incomewise - you can pull the principal out without penalty, anytime, so you should at least max out a Roth every year instead of doing an individual brokerage. For the cash, is it in a bank making 1%, or is at least in a HYSA? Fidelity's SPAXX gives, I think, 5%, and you can look into buying Treasury Bonds or CDs for the money you don't need immediately.[/quote]
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