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Reply to "How much of net worth should be invested vs. kept liquid?"
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[quote=Anonymous]We have about $60,000 in cash, $500,000 in highly illiquid investments (real estate) and $300,000 in mostly illiquid investments (401k,etc) and $400,000 or so in somewhat illiquid investments (stocks, bonds). Our cash position is probably half to a third what it should be realistically - in general the rule of thumb is 6 mo to a year living expenses or salary is recommended. [/quote]
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