DayShiftDave OP t1_jaaz3l9 wrote on February 28, 2023 at 3:02 AM

Reply to comment by dad_husband_selfi in What to do with cash on hand? by DayShiftDave

No reason for the snark, it's why this sub exists. Anyway, a few years ago I had about $30k cash and was actively saving for a down payment. My income went up a good bit and I didn't change my plan. Couple years later and the balance has gone up while I never found a place.

I also didn't grow up with much, so I am risk adverse and subconsciously inclined to find comfort in having more cash on hand than I need.

dad_husband_selfi t1_jaazolg wrote on February 28, 2023 at 3:07 AM

sorry, i was meant with humor. Good for you saving up that amount of cash. Good problem to have! lol. There's a lot of savings accounts that now offer decent yield. I saw Marcus by GS is up to 3.750%. If unsure to buy a home or invest in the market, that may be a good holding spot.