I truly believe time is a factor. A job necessarily interferes with one’s life and what we can do in our spare time.
I’ve recently taken the attitude of Broadcom, GS, JPM, Amazon, google, with the work from home. I have to be in the office. When my son had half days all week before Thanksgiving, I had to take PTO. People who wfh don’t have to. They’ll shop at costco, take a meeting, deal with kids, etc. So if I had more free time I’d get that money working for me.
Honestly. I have no idea what to do with my cash from VMware. So I let it sit. I don’t want to not give it thought and then lose thousands. That’s worse than not gaining say on the S&P. It gets some rate near 0 at JPM.