Contrary to advice, I kept my savings liquid for five years.

That patience funded a foreclosure purchase at 60% value.

3 comments

3 Comments

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?

alex_owens1mo ago

Ignored opportunity costs by focusing way too hard on my last big regret.

the_grace1mo 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.