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Reply to "Emergency accounts — all cash?"
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[quote=Anonymous]I’ve been prioritizing saving in cash accounts this year knowing that it is highly likely I’ll be laid off ((government contractor in a non-favored field). So far I’ve been lucky and it looks like I’ll be safe at least through the end of the year. I finally reached ~$70K in cash savings (which is about 8 months of expenses). All is in a HYSA. I’m debating whether I should move some of it into investments or just leave it be especially with the threat of recession. How much do you have in pure cash vs. investments when facing a personal cliff? [/quote]
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