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/biz/ - Business & Finance

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55727503 No.55727503 [Reply] [Original]

Ideally, how much should I have in my savings account?

>> No.55727513

>>55727503
Nothing at all it should all be in non consumer assets.

>> No.55727556

>>55727503
Bare minimum needed to pay bills + emergency fund. Invest everything else.

>> No.55727696

Dont believe the redditors who say you should have half a year of salary in it. If you arent maximising your potential then youre in the middle of the bell curve. Invest it all.

>> No.55727702

>>55727503
Like 6 months of living expenses. Cmon anon. This is basic reddit personal finance knowledge.

>> No.55727735

>>55727503
6-12 months of expenses, but i do 24 months now that interest rates aren't abysmal, and it keeps me comfy when my 401k/roth/brokerage investments swing by + or - 10k in an average day.

>> No.55728154

Enough to survive for 3-6 months depending on your risk tolerance.

>> No.55729571

2-3 months of living costs depending on where you live (what's the welfare etc. in case you become unemployed tonight?) and how easily you can find a new job in your field.

>> No.55729616

$0 YOLO

>> No.55730418

>>55727503
about 70%~ of your money should be in savings accounts.

>> No.55730483

>>55727503
About 100k in low-risk investment, 10k in cash. Minimum.

>> No.55730499

I've hit 90% of my net worth in cold storage crypto.

>> No.55730505

>>55727503
About tree fiddy.
The rest in SQQQ if you want to make it. Market is crashing with no survivors, get into an inverse index asap

>> No.55730507

>>55727503
$0
You should be at least five figures in debt or ideally six figures with a mortgage. Dollars are becoming more worthless every day. Why would you hold a rapidly depreciating asset?

>> No.55730532

>>55730505
According to doomers, the market has been "crashing" for the last 20 years.

>> No.55730769

>>55730532
Fine. Stay poor. See if I care.

>> No.55731758

>>55727503
Ideally 0. Realistically enough to live on for a couple months.