That was what I read for Bragg as well . <| sep |> Thanks guys ! <| sep |> Na . I drink heavy whipping cream , sometimes . <| sep |> What ' s better than a billionaire buying a presidential candidate ? A billionaire running for president himself . <| sep |> Are you fucking kidding me ? <| sep |> I ' ll take both <| sep |> Haha , thanks anyway . Nice giveaway ! <| sep |> You ' re the reason it ' s still blue for me . <| sep |> Here here . So . to answer question . You ' re on the right track . You need an emergency fund , but honestly , 40 k is a lot . Generally speaking . People say 68 months of expenses for an emergency fund . Then again , you say you don ' t want to buy a house , but you never know ! So that could be used for a down payment or some other big purchase . Think of your investments in 3 buckets Short term 05 years , mid term 510 , maybe 15 years , and long term 10 plus . Your mid term and long term buckets should not be in cash . Nor CDs . Do some research on index and mutual funds , look for funds that follow or invest in large value or growth companies with low expense ratios less than 1 % index funds will be much lower . Lastly , don ' t be afraid of the news . These midterm and long term investments generally have a longer time frame than a market business cycle . So a downturn in the stock market should not make you want to sell your investments because you know it will eventually regain value .