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Contrary to advice, I kept my savings liquid for five years.
That patience funded a foreclosure purchase at 60% value.
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jessicaflores7mo ago
Applaud your counter-intuitive strategy with the liquid savings (even though everyone says to invest it). Having cash ready clearly let you jump on a distressed asset at the perfect time. How did you balance the opportunity cost of not investing that money elsewhere?
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alex_owens7mo ago
Ignored opportunity costs by focusing way too hard on my last big regret.
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the_grace7mo ago
Six months of cash isn't so counter-intuitive... a lot of planners push for it. They see it as insurance against selling investments in a panic. So the opportunity cost is just the price of keeping your options open.
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