alt Hacker NewsWhich is why you keep 3-5 years of spending money in cash (or a bond ladder if you want to be fancy).
Replies
staticman2 • last Thursday at 6:13 PM
3 to 5 years of cash or a bond ladder won't help in a 1970s stagflation scenario.
Panzer04 • yesterday at 2:53 AM
3-5x is way too much if you're still working.
1x is plenty IMO.
most don't even have 3-5 years "spending money" (whatever that is) in total savings; if you're keeping that in cash you're getting 2-3% annually while the market has doubled.