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Reply to "How much should you keep in cash now?"
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[quote=Anonymous]It's very personal. I will never not have a job unless I get sick, but that can happen to anyone. Then I would have to completely downsize. No amount of money I have sitting is cash could fix some situations. The only reason for me to sit in cash is to buy the dip. If I bought stock at $40 and it has been between $300 to $350 for last 3 years, I doubt is goes under $100. I can sell it when I need money. That is liquid and as good as cash to me.[/quote]
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