So I'm transitioning into my FIRE asset allocation now, which is part of the trigger of all this, but really all that I have found I have changed is I'm moving from 80/20 equities/bonds to 70/20/10 equities/bonds/cash.
Even though I was planning on this 70/20/10 quite a while ago (backtesting it never seemed to make much of a difference than 80/20 in risk and performance, but having the 3 years of cash seemed to feel better to me given the huge downturns in my investing life's experience of the past 20 years were all recovered in 3 years), I don't think I would have made this move 3 years ago when MMs were paying zilch, but now that my VG MM pays 2.3% it seems different. I also realize maybe this is some false reasoning, as maybe the 0% in 2014 and the 2.3% now are basically the same real return (~0%?).
Anyone have any thoughts on this, positive or negative?