Where do you put your emergency funds and how much is it?

Your E fund is dependent on your life stage. Expecting a child? planning for wedding and reno? Just have to ensure a margin of safety when calculating what you need for the next 6 to 12 months.

​

For the rest of it the money, I will be 90% stocks and 10% bonds. I like to keep some extra cash around for buying the dips in the market. I will prefer not to liquidate my investments if possible.

Besides putting money in a savings accounts / mulitplier, you can treat your CPF OA/SA as emergency fund if you are reaching 55 or older, after set aside sufficient CPF RA. After 55, you can withdraw your balance CPF OA/SA anytime. I don't recommend to invest your emergency fund (6 months to 1 year of expenses) since you may might it urgently.

Hello! Personally i think SSB is a good place to park your emergency funds since it has been accorded strong credit rating of 'AAA' by credit agencies. Most importantly, it has a high level of liquidity as it allows us to withdraw our $$ within a month. There isn't any penelty for redemption but there is a $2 transaction fee charged for every redemption!

​

Thank you everyone for the inputs.