Hi, I don't post very often and I am not in the US
When my husband finished his last degree he was offered a temporary job in the government for 15 months. That job
ends at Christmas.
We sold our house and managed to buy another within walking distance of the train, and it is mortgage-free.
Living costs are down and I am really happy I read the MMM blog and got the idea.
Now I am trying to sort out what to do with some leftover money, it's about 1/2 of hubby's annual net salary.
At first I thought I couldn't get Vanguard in this country, you can't get into the Australian one from here unless
you have over 500k. But to my surprise I found hubby can get Vanguard in his superannuation package with
just a change of the plan he chooses, so that is great. He can get the world index. I can also buy into
an index that follows the top 10 or 50 shares of our own sharemarket.
My question is, does anyone have an opinion on how I should handle our 'stash while unemployment looms?
Should I keep it all fairly liquid and away from an index fund until he has a permanent job?
(I ask myself, what is a permanent job these days, anyway?)
As I said, it's about 1/2 of a years' income after tax. We are in our early 50s, have no dependents, the house is small and
low-maintenance and we live on about half his net pay each week. I hope this makes some sense to someone
in the US, but I can explain if necessary.
Thank you for reading :)