Re: Suggestions for mid term savings/investments?

> Based on your posts, I would not consider most of your $40k to be
> "midterm". You could need the "emergency" fund tomorrow, right? Is it
> the same story for the "car" fund? Is there a risk that your
> transmission could go out 6 months from now and cost $1500? Are you
> under warranty for the next 5 years? It sounds like the only part of
> your fund that is truly "midterm" MIGHT be the home improvement
> ****tion.

Thanks, my intent was not to move the entire 40k.  That's why in my
initial post I said "consider moving a ****tion" of the 40k, perhaps
5-10k. Also when I mentioned car fund, I meant purchasing another car
in the future which I do not anticipate for several years.  Both of my
vehicles right now are relatively new with one of them still under
warranty.  I agree with your assessment that it would be foolish to
move a large majority of my "emergency fund" into a volatile
investment.  My thinking here though is I can afford to take some risk
on a ****tion of those funds for the increased return.  The fact that
the entire 40k is sitting in a savings account is really because of
convenience, not because I felt a need for 40k in an "emergency fund".
But I'm open to the opinions of the group.  Maybe I shouldn't try to
get too greedy and just leave it all in the safe investment?

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