[natrius]

Honest question: What's the logic behind keeping hundreds of thousands of dollars in a money market account? Is there a larger chunk of money sitting in places that earn a better return? If I had that kind of money sitting around that I wanted to use in the next couple of years, I can't imagine putting it in anything with less of a return than the low-risk Vanguard core funds. I don't know much about these things, so if I'm wrong, I'd like to know before I have money to lose.

[brk]

When I said low 6 figures, I meant very low. We don't usually keep more than $150,000 (and it varies between $60K and $150K as things cycle) in "accessible cash". This is, for us, funds used to purchase a new vehicle, or deal with some around the house issues, or move to a new investment opportunity.

This is just an amount that, for our purposes, is enough to cover most random unanticipated issues without keeping too much money uninvested.

[natrius]

Sounds reasonable. Thanks for the information.