Notes:
No change to A and B below.
a. Find investment vehicle for mom's savings account that I am building (currently at $2,900)
b. Find account for long term savings. I am of the mindset that I would like to have two "pots" for my savings. One where I retain my money market account at $20k, which will form my emergency nest egg. The second account will be in a slightly more riskier fund (50/50 stocks/bond acct?) and will contain my long term emergency fund, which I would like to grow to $80k+. By doing this, I feel that most of my emergency fund will grow to at least match with inflation over the years.
Spent a bit for the holidays traveling back home and splurging a bit on some events/items. Got a new rewards card as well that provides some better perks that I can use on future hotel stays. Converted ~330,000 rewards points to partially cover credit card expenses.
Happy Holidays/New Year folks! |