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How much of their annual income do you recommend

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Evan and Sara Myers together earn approximately $82,000 a year after taxes. Through an inheritance and some wise investing, they also have an investment portfolio with a value of almost $150,000.

-How much of their annual income do you recommend they hold in some form of liquid savings as reserves? Explain.

-How much of their investment portfolio do you recommend they hold in savings and other short-term investment vehicles? Explain.

-How much, in total, should they hold in short-term liquid assets?

Reference no: EM132769763

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