/biz/ - Business & Finance

[Anonymous No.57079689]

I have six month emergency fund.

[Anonymous No.57079711]

>>57079689
There's no point when you can just sell stocks whenever you want. Just keep one month of cash to cover for the delay in withdrawing from your broker.
The emergency fund meme is for people that don't invest and can't stop themselves spending on stupid shit such as cars or clothes.

[Anonymous No.57079720]

>>57079711
I will still keep an emergency fund. My goal is 12 months.

[Anonymous No.57079774]

IMO your emergency fund should only grow if your investment account is

If you have $50k in savings but have $500k in crypto, thats fine, but if you have $50k in savings and only have $50k in crypto, thats kind of dumb and you should be using that capital to increase your gains

[Anonymous No.57079782]

>>57079774
I have a 50/50 split with cash and investments.

[Anonymous No.57079831]

>>57079782
Not a good idea mate. I know a guy with 9 figure net worth and he caps his cash holdings in his bank account at $500,000 and he only does that because his wife insists on them having at least that much for cash on hand.

[Anonymous No.57079888]

>>57079831
you wake up and I have six months now.

[Anonymous No.57079968]

I will have an eight month emergency fund by February.

[Anonymous No.57079997]

>>57079689
I've been on my emergency fund since March this year, I AWOL'd my shitty job and now I'm living comfy.

[Anonymous No.57080024]

>>57079997
I will never have less than six months again.

[Anonymous No.57080754]

>>57079689
I have an eight month emergency fund courtesy of viralx and shitting on (YOUR) tokens online bros

[Anonymous No.57080975]

are y'all 'toids? what the fuck does emergency fund mean, lmao