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Anonymous

31 Oct 2021

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General Investing

I have set aside emergency funds of one year. Does that mean the remaining money can be used for investments?

Or are there any other considerations?

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Discussion (15)

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Cryotosensei

06 Nov 2021

Blogger at diaperfinancingfund.blogspot.com

Depends on whether you want to have rainy day funds (for the inconveniences that crop up, like air-con broke down) and emergency funds (for situations that will threaten daily survival like loss of job or hospital bills). In which case, you may want to save more

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Sam Lai

05 Nov 2021

Leave a one year of emergency fund, if it is in cash don't forget about inflation and missing opportunity cost.

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blackevian

05 Nov 2021

Your 1 year of emergency funds sounds extreme, to each their own.

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Daniel Kok

04 Nov 2021

Yeah other than ur commitment, the rest are good to invest.

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Marcus Chew

04 Nov 2021

Generally if this is true, and with both immediate & discretionary expenses cater for, investing wit...

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