How much cash are you keeping to recession-proof yourself?

I keep about a third of my total assets as cash, and make sure to have a buffer of at least six months' expenses (or more if I am saving for a housing deposit or other big expense).

Most advisors will recomment keeping six-to-twelve months of expenses; I think there's no harm in having more, if you're comfortable missing out on some (potential) gains from having that money invested instead.

I wrote a blog on the topic here:

https://stocktake11.wordpress.com/2020/09/20/ho...

Personally I'm leaning towards 6 months worth of monthly committed expenses.

What that means is essentially this, total expenses surrounding:

• Food & Breverage costs

• Transport costs

• Telco bills, broadband bills

• Utilities bills

• Taxes

• Insurance premiums

• Rental (if relevant)

So using the above as a benchmark, it is what you would basically require at the bare minium to survive.

For me, I store them in two places:

1. CIMB FastSaver (1% p.a)

2. SCB Jumpstart account (2% p.a) for my joint account with my other half

However, looking at the current situation now in the economy, some market analysts are saying this is not a 'rainy day' its actually a 'thunderstorm'

So you can decide for yourself if you'd want to be more kiasu and stash more away. Your call!​​​

General rule for myself : 18-24 months of necessary expenses (excluding all entertainment and misc expenses).

Depends on how much I spend.

If i spend more worst case scenario is 12 months.

If i try to spend the least then best case scenario is 30 months.
I make videos about interesting stuff at youtube here​​​