I have saved up enough money in cash to graduate from an RN program debt free and live without working for 2 years the entire time. In one of his blog posts, MMM mentions the possibility of putting a 'short-term stash' in a 60/40 stock/bond setup. I am on a waiting list and it may take up to 3 years to get into RN school due to it being a lottery setup (or I could get in in next semester). My question is: what are some of your thoughts on where to put the stash? Would you guys think it appropriate/wise given my situation? (BTW I have no debt/kids or any other liabilities and refuse to take out a student loan even in a bad situation)
Thanks!
FIREFTW