From Mr. FI Guy …
If you are a frequent visitor to Mr. Fi Guy you’ll know that my wife and I both work and we have a very high savings rate, around 70%, post-tax. We use that savings rate to max out all of our tax-advantaged accounts (401K, Roth IRA, and HSA), but we still have some money left over.
In a pure personal finance sense, people will say I was making a poor decision … their advice would be to invest everything as soon as possible.
While I don’t disagree with those sentiments, I wanted cash on hand so I could be ready to invest when a good deal presented itself… the only issue was, I had no idea what that might be.