Articles under “rainy day fund”

The Case Against Maxing Out Your 401(k)

Most every personal finance blog I have ever read recommends maxing out your 401(k) contribution. They tell you to “just do it” – contribute as much as you can, as early as you can.

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Managing A Silicon Valley Windfall

Sudden money – such as comes with an IPO or an acquisition – is a good thing, right? Yes, but it’s often accompanied by stress.

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People in Their 20s & 30s: Become a Savvy Investor

People in their 20s or 30s, you face some of the biggest challenges and the biggest opportunities of any investor. (See Preventive Medicine for One Young Doctor’s Growing Portfolio).

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How Much Cash Do You Really Need Before You Start Investing?

The convention wisdom is that you need 3 to 6 months’ worth of cash on hand to cover emergencies BEFORE you start investing. There is no substitute for the reassuring feeling of fast, hard cash on hand.

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