u/EpicEngineer

I feel like my wife and I are being too conservative with our finances, especially looking at the market and rate of inflation re recently.

We currently have about $300K cash on hand but have pushed our home purchase date by a year or two now. I hold $200K of this myself in a HYSA.

27 years old, $450K HHI income

Combined net worth of just slightly over $1M, we finally hit our big milestone just a week ago!

However, about $650-700K of this is in investments (401k, brokerage, IRA, HSA).

The big question I have is, should I deploy some of the $200K cash I have in a HYSA? I feel like I’ve wasted a lot of potential earnings on it. I’ve been debating investing about $50-80K of that to trim our cash position.
However the current market just seems insane to me which is why I’ve been doing more of my regular DCA and haven’t adde deployed a larger amount with this cash balance.

Hey everyone,

My wife and I have been discussing our finances recently only to realize we might be holding out on investing as much out of fear only to realize we might be losing out here.

What would be the ideal way to proceed forward here?

27 years old, $450K HHI income

Combined net worth of $950K

However, about $600K of this is in investments (401k, brokerage, IRA, HSA)

The remaining approximately $350K is in cash. Our timeline likely was pushed but we did want about $200K for a downpayment. However we might not need this for another 3-4 years, but it’s currently in a HYSA.

Our concern recently is the amount of cash being held at almost 40% cash. I fear we’re not pushing as aggressively as we could be and ideally should cut our cash positions by $150K or so.

How should we deploy or allocate this $150K and should that be the $150K or a smaller/larger amount?