We had over $100k in cash last year but after buying the house and spending about $20k on appliances and upgrades we were down to 0 savings. Because we are so low in cash, that is why I am having some concerns. We also have close to $200k in 401k but I don’t want to touch that.
Perhaps I could wait another year and save an additional $25k before investing. Hope real estate price remains low. I need to invest somewhere because I am really tired of stocks. We started our 401k 8 years ago and basically we are about minus 5% with our stocks which is a huge disappointment. I think stock investment is a scam for people like us because the CEOs and management raking in huge bonuses and creating new shares to give to themselves which didutes the value of the shares you and I buy.
