Reply to Is this too much cash, or is it appropriate?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][b]You own a condo, which probably won’t appreciate that much[/b] and has HOA fees, and have lots of cash, which will only depreciate. Not good. You need something that has a good chance of appreciating a lot and outpacing inflation.[/quote]

You are correct about this, and it is something that I do worry about.  The condo has appreciated at something like 2% per year since I bought it – it hasn’t even kept up with inflation.[/quote]

You are worried about the appreciation of the non-liquid portion of your net worth, that you aren't thinking of selling any time soon, but are content to keep the rest of your net worth in cash? That's completely incoherent.

I'll take your word for the fact that you aren't financially illiterate, although your circumstances suggest otherwise (paid off house, no retirement).  But if that's true, your anxiety is forcing you to make very poor choices, and you should seek treatment for it before it does any more damage.  [/quote]

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