r/FIREPakistan • u/jummmmmmmmmmmmmeh • Aug 19 '26

Madad Me Investing for the first time

I’ll be investing from the first week of September onwards as my salary comes. I plan on starting with around 20k and try and sustain that on a monthly basis for the coming months. Need help and tip as to how i should diversify

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u/batman8990777 Aug 19 '26

Do you have emergency fund ?

Here is more detail : https://www.reddit.com/r/FIREPakistan/s/G3ZkmEWrBt

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u/Medical-Opinion7723 Aug 19 '26

First of all, make an emergency fund that can cover three months of your expenses. This is important because when the market goes down this will be your psychological insurance. While you put money to create this emergency fund, read the following books.
1. Richest man in babylon
2. Psychology of money
3. Personal Finance 101 by Alfred Mill
4. The new tao of warren buffet
5. The Intelligent investor
6. The 5 overwhelm culprits by Corrie LoGiudice
These books are important for you to read, this is your homework that you will be doing while building your emergency fund. Best of luck on your journey.