No change to A and B below.
a. Find investment vehicle for mom's savings account that I am building (currently at $0)
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.
Paid off my debt but at the expense of selling some of my non-taxable stocks (first time in my life). Saving 15% of the sale to cover taxes next year. I have one more big expense later in the year and then I should be back to normal for saving. |