Hey all, 25M
Was looking for some general advice regarding liquidity in my portfolio. I have about half my net worth in cash, \~$60K, and for whatever reason, feel like I need to keep saving for a downpayment (yes, I know this is more than enough but trying to fast-track PMI... not sure if that's worth it). I have no real plans to buy within the next year but perhaps in 2027, with the potential to charge some of the mortgage payment to my current GF. Maxed my RothIRA the last two years with holdings in FXAIX primarily, 7% contribution to 401K. and a good chunk of individual holdings in NVDA/CRWV.
I also sat down recently with a family friend who sells whole and term life insurance... I can't help but feel this is "too good to be true" with the research I've done thus far.
Any insight into if I should cut my liquidity down and max my roth/DCA or otherwise + any information on term and whole life, if it's worth it, etc. would be helpful. Trying my best to min-max my financial situation. Thanks.