/biz/ - Business & Finance

>>55415464
I am talking about the 3M chart not the 1D. Why isn't SPY back below 4K. We were supposed to have another leg down.

>>53483517
> it might not make millions but once in a while it might cover some of your bills
But that's just it, it may in fact LOSE you money if you are forced to sell to cover bills. A true $1k/100% stocks port will genuinely be worse than holding it in cash if there's no emergency fund to back it up. Because there's a pretty good chance that, when the market's down, is exactly when you'll be looking at the kind of layoffs and financial emergencies that would require you to sell.