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<p>[QUOTE=&quot;Del Pinto, post: 2077301, member: 73128&quot;]If you consider the cost of liquidating your 401k with penalties (don&#039;t do it!) or the fact that the check won&#039;t clear for ~2 weeks, bullion is NO LESS illiquid and probably more so, in fact.</p><p><br /></p><p>So what&#039;s the right amount for an Emergency Savings Fund, stashed away and not in the brokerage acct?</p><p><br /></p><p>From Vanguard&#039;s website:</p><p><a href="https://personal.vanguard.com/us/insights/saving-investing/emergency-savings" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://personal.vanguard.com/us/insights/saving-investing/emergency-savings" rel="nofollow">https://personal.vanguard.com/us/insights/saving-investing/emergency-savings</a></p><p><b>&quot;Many financial advisors tell people to keep six months&#039; worth of expenses stashed away for emergencies.</b> That might be a pretty good rule of thumb, but these days it might not be nearly enough.&quot;</p><p><br /></p><p>It obviously depends on your own salary and cost-of-living, but since the average salaried American gets a paycheck of $800. (BLS data), then <b>$19,200.</b> is the ballpark target minimum.&nbsp; An average the Rainy Day Fund in bullion, built over the long term, makes sense.&nbsp; Bullion hoarders can be relieved of any &#039;guilt&#039; by factoring that prudent reserve, if they understand and accept this form of disciplined savings.</p><p><br /></p><p>That&#039;s still around our simplified &quot;10%&quot; PM allocation above, for most investors Age 60+[/QUOTE]</p><p><br /></p>

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