yeah, I just throw it all in my savings account with USAA where all my other accounts are. It’s probably not the highest interest, but I’m not one to yield chase just to earn a few more pennies. I’m totally cool leaving the $$ as is and ready to be accessed anytime I need it. Which is the point of these types of funds, really. Once I decided I was okay with it I just started focusing more on where all my *other* money is to make sure those are growing nice and sexily since they’ll be there for the long haul.

I think a better question to ask yourself is *how much* you need/want put aside like that to make you comfortable. Some are good with $1,000 and others need $100,000. But once you find that #, regardless of what it is, just cap it off and divert all the rest into the wealth game. Sure you could make a few more bucks if more of your cash is invested, but focus on the goals for each of the accounts. Cash on the side for emergencies/rainy day/etc shouldn’t be handled the same way as the other departments.

For the first time I have $40k cash, which I want to hang on to in a fluid state. I hate the idea of a 1% return but equally don’t like the idea of investing it at potentially “peak market”. I have $125k in 401k and an investment property. Kind of rambling, but anyway, was just curious.

you get 1%? Lucky you! Haha…

I hear ya though brotha – gotta put that money to work cuz unlike us humans money never gets sick or lazy or stops hustling! they just keep reproducing as we sleep and making larger and larger $$$ families for us! Keep on pouring it in :)

yes indeed, J. Nizzle – very smart for sure. unfortunately the last two times I tried we were told we’d have to bring $90k to the table to do so cuz we were underwater (not anymore, but still not much equity) so it wasn’t worth it. And we’ve already gone through one of the gov’t programs a few years back which disqualifies us for another. We used to have a 6.875% interest-only loan! So we did improve, but nowhere near your sexy 3.625 :) Congrats on that!

I’m aiming for that too!!! Let’s do it!!!!

Yup – they def. do. I don’t worry much about the diversification cuz most companies ARE global too and doing business, but perhaps I’m missing something?

Yup!

And going now to check out your blog – can’t say I’ve heard of “Enchumbao” before :)

Great job. We’ve been tracking our net worth for the past 4 years and understand what you mean when you say that you don’t even pay attention when it goes up or down anymore. We feel the same, the upward long term trend is what’s important.

With mortgage rates where they are, have you recently thought of refinancing again? At 5.5% I know you can save big. We are in the process of moving and we are looking at 3.625% on our loan.

Just a thought to help your hustle.