For the better part of this year I have lacked enthusiasm for saving. I was excited to pay off our remaining auto debt and to bring our liquid emergency fund up to $10,000. We have still been saving money but not with much enthusiasm. Until now! Nothing motivates me more than a down market to be motivated to put every extra penny into savings. I love getting things I really want on sale and stocks are no exception.
I think energy stocks are very undervalued right now so I want to dump any and all extra money into them. I'm tempted to not buy any groceries except milk for the next two weeks so I can use all the grocery money to invest. I do think its feasible that money invested now could double or more in the next few years. I know its a gamble but I'm willing to take it.
I'm debating depleting our cash emergency fund to invest it all. If Y was on board with that plan, I would do it. We have about $10,000 liquid but I would even feel comfortable taking that down to around $2-3000.
Buying stocks on sale is for me is like most women buying shoes and purses on sale!