Submitted by Rattingaroundd t3_11ehosw in personalfinance
_Nuba_ t1_jae2n3k wrote
What is the plan for the money? When do you need the money? Those questions matter more. If you don’t need the money any time soon it should be invested.
Rattingaroundd OP t1_jae39u6 wrote
Not really. I plan to move apartments in a few months but that's pretty much it
_Nuba_ t1_jae45a7 wrote
You are probably holding too much cash, you should follow the flow chart in the wiki here.
MGK_1223 t1_jae5o2b wrote
You'd want to keep a portion in an emergency fund though. Size of that fund is up to you and based on your typical monthly expenses (general rule of thumb is emergency fund would last you ~3-6 months). Then can invest the rest.
Viewing a single comment thread. View all comments