What proportion of your income would you recommend using for investment each month? - Seedly
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Anonymous

Asked on 06 Apr 2019

What proportion of your income would you recommend using for investment each month?

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Alfred Chan
Alfred Chan
Level 4. Prodigy
Updated on 09 Dec 2019

30% - 50% for now, but only if you already set out your emergency funds and insurance covered.

Remember to always have a safety net before investing.​​​

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Wilson Nid A Break
Wilson Nid A Break
Level 9. God of Wisdom
Answered on 09 Dec 2019

As much as humanly possibly, after deducting necessary expenses such as food, transportation, utilities, insurance etc. Investing early helps, but with a larger amount of contribution, then compounding effect can have some meaningful impact

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20-60%? It really depends how low your expenses can be.

After setting aside your 6 months emergency expense, I'd invest everything on top of that.

I'll keep cash for any short term requirements that need to be paid within a year though.

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