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Anonymous

Edited 01 Oct 2021

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General Investing

24 yo, 65k net worth (6k savings, rest are invested), invests 60% every month, should I not put any money into savings?

Currently doing 60% invest, 10% savings, 30% expenses. (no debts, single, living with parents)

If I am sure of my job security, is it okay to stop contributing to my savings? I want to invest as aggressively as I can when I’m young. Savings are in a high-yield savings acc.

What kind of other funds should I have? I only have a pool of emergency funds, a checking account and all my investments. Do I need a pool of money for savings? Is emergency and savings acc the same?

Appreciate the help!

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Wilson Nid A Break

01 Oct 2021

Just do want you feel good to do. Maybe once you are approaching 30 yrs old, getting a house/married, then need of having a higher pool of emergency funds / pool of savings is more saliant.

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