I need to start building an emergency fund but I also have a FOMO of not investing soon. Is it feasible to do both?

Hi, it is feasible to do both, but I'd suggesting channeling more money into your emergency fund first until you hit your target for your emergency fund (6-12 months of expenses or more). This is because you never know when you may need this money, and you won't want to be caught in a situation where you have to sell your investments (especially in a bearish market) in order to pay off whatever expenses you need to pay.

You can still DCA monthly via a roboadvisor while building up your emergency fund :)​​​

Possible. Is just a matter of $$$ allocation. X% Emergency fund, X% investing every month.

Do up your emergency fund first legit.

Thing about financial journey is you cannot let your FOMO get the better of you. You wouldn't want FOMO to affect your investment decisions next time also right. haha.

After you have done up your emergency fund, then maybe consider investing in a broad base index ETF like VUSD.

You are still young, got time lah.

Cheers and don't FOMO le lah. Come Seedly community here all sayang you together haha.

- Jeffrey (jeffreyleezq.com)

Advise is best not to do both at the same time. It's called emergency fund for a purpose. Please build up your emergency fund first as it's the top priority for raining days.

Investing on the other hand is not an emergency. It's a matter of choice. There are ways to make money when the market is up or down no need to fomo because others are doing this and that. There is no one way to make money such that you have to go in now at all cost unless you now lack the understanding and knowledge in how the market moves.

Build up your emergency fund and while doing so learn your investing craft.

You don't want to be in the situation which I feel will happen is: eg. Doing both at the same time then when you require more money to invest, you will just take the money that is supposed to be saved in your emergency fund to use it for investing.

Ask yourself if shitting in the toilet and eating your dinner at the same time is a pleasant experience?

Same goes to investing and emergency funds at the same time.