Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "How bad is it to be 10% in cash in early 30’s?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]Currently have a little over 10% of net worth in cash at 32, about 120k. The reason is because I’m on the fence about buying a house and want to have a decent amount for a down payment but I’m very indecisive about actually going through with it. Could technically afford one and it would be nice to have a larger space for my family but it would be a larger strain on our budget. So this 120k is just sitting while the market goes up. I know the advice is to keep money you’ll need within 5 years in cash but I don’t even know if we’ll end up buying a new house. We live in a smaller house at the moment with a low interest rate mortgage and really want something larger but in this economy it’s intimidating to commit to a high monthly payment (even if we put 40-50% down our payment would go up by a lot).[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
