Early Retirement Extreme Forums

EDITED My original post since it was too long

Recently moved from Manhattan to Long Island City to reduce housing / living / misc expenses. My current roommates aren't frugal at all and I'm doing a good job in resisting unnecessary consumerism, but I feel living with a more frugal bunch will allow ...

You are referring to a cash balance pension. There are a lot of pros and cons to it. This blog article explains it well (http://whitecoatinvestor.com/cash-balance-plans-another-retirement-plan-for-professionals/). Also, this blog has some other great saving strategies for high-earners. The primary ...

Here's a good article by Chase if you get sued: https://online.citibank.com/US/JRS/pand ... do?ID=JC25

It used to be more lucrative. Uber recently slashed the rates so the pay is not as good after all expenses.

Still good during peak times: rush-hour and major events (sports, holidays, concerts, etc.)

This makes sense in a rural community where everyone's incomes are similar and people have average financial know-how. It does not make sense in an ERE community where everyone has a strong sense of saving / finance and the incomes are varied.

Thanks everyone for all the advice so far. Didn't expect so many responses so quickly.

What is the purpose of the cash? How old are you? If you are waiting on a pullback in the market or have some planned use for it, that could make sense, but that is a LOT of cash on hand.

No real purpose to ...

New member here, lurked on the forums and have read MMM from time-to-time. Strong believer in living simple and enjoying social activities vs. material things.

On to my question, what do you think the optimal cash allocation is for a portfolio? I've searched on Google and the forums, but have not ...