How much money should I keep in savings as a security blanket?
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I have 24K and I was thinking to start investing when I get over 25k at least 100K that my bank can also just print from thin air and bid against you on the real property you want to use that to bid on you're using my credit loser good starting point.
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I'd say if that amount of savings would cover for at the very minimum 6 months of your total expenses including any mortgages and payments of loans for whatever, I'd say you have made a right decision.
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Always invest money you can afford to lose, never invest everything into one single thing, especially the meme coin nowadays, you'll lose it all.
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Inform yourself do your own research and diversify, weill be slow at first but in 10 years, you'll be looking at your folios and be smiling.
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5x monthly rent plus utilities plus food.
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0. I live paycheck to paycheck all of it goes into stocks, have done this for 12 years because of the covid mega printing, I have over 40 million now from a salary of 145k.
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Please my bank is collapsing my entire life is being to be Golden Boy.
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Invest 50% of your emergency fund in 4-week t Bills, currently returning 5.5% apy.
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In 2 more weeks, invest the other 50% manually. Roll them as they mature and pay out. Do not auto-reinvest.
Your emergency fund is now mostly accessible and liquid and it's actually doing something for you, you can even break it up to thirds or fourths if
your risk is higher for whatever reason
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$100, the rest Bitcoin ASAP.
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