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Reply to "Is this too much cash, or is it appropriate?"
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[quote=Anonymous][quote=Anonymous]I honestly don’t think that’s too much, based on the fact that the vast majority of your net worth is in an illiquid asset (your house) and you run your own business. I personally might invest a portion of it in the stock market, but with interest rates where they are now, it’s not an irrational decision to leave it where it is for now. [/quote] Thank you — it’s good to know there are at least some people who share a similar point of view or at least can understand where I’m coming from. Whenever I see the traditional advice of keeping 3-6 months in cash, it just seems so extremely low to me that I feel like I’m from another planet.[/quote]
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