Sorry if this has been posted elsewhere, but I wasn't able to find it. Since I've just started experiencing the positive side of net worth, I have opened up a Vanguard account, and started doing some serious research into investing (currently reading the Four Pillars of Investing), and it's making sense to me.
When the market crashes, I know that I should maintain my holdings, and focus on the long-term. Actually, as MMM said, I should buy more because it's all on sale. It wouldn't make sense to sell off my index funds as it crashed (just to buy more), since that seems like more market-timing then anything else. However, to truly capitalize on an opportunity like this, where is the best place to keep my non-index funds money? Essentially, I'd like to have the liquid capital to be able to buy a crap load more stuff when it's on sale, but I don't want it just sitting there when it could be working for me.
Does this make sense? It's almost like an opportunity fund, but I don't know that a savings account has good enough returns to justify keeping a fair amount of money in there, just in case stocks go on sale. Am I over-thinking this? Should I even have something like this setup? I'm about 6 years out from catching FIRE, and I imagine that the answer will change once I'm there...