Quote Originally Posted by 212OlympiaBound View Post
If you got it, spend it.

If you don't got it, don't spend it.

I like keeping 200-300 grand in stable, fortune 500 investments over a broad market spectrum. That way I could live for a few years if I lost my job. Besides that, there's not a huge reason to save.
300k stable? If you have that much saved I am assuming you have a very good severance package too.