Monday, May 25, 2009

Savings allocation

Heres my savings allocation as % of total savings (excluding 401k), Ive been using this for the past couple of months with some degree of flexibility of course :
  • Cash savings : 47% (i will probably reduce this substantially by end of the year, probably re-evaluate this one around Aug-Sep)
  • House : 23% (saving up for house buying)
  • Retirement: 30%
  • Undecided: poker earnings (right now its kind of an even split between cash savings and retirement)
I got a nice boost this month as the Indian stock market sky rocketed and the Rupee appreciated versus the dollar as well.

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