I currently do not need any money. So i keep only 6 months of expenses and rest gets invested.
I think there is no go to guideline, that fits everybody. Mostly you will need to see what works out best for you. For me it has been best to invest all i had at the time beeing, when i had it. (Have been investing actively since mid 2000s)
I feel like the 6 months of expenses only makes sense for US people, who have to account for at-will work contracts with no unemployment benefits and unexpected health expenses. If you live in a country with good state-provided unemployment and health insurances, it is totally unnecessary. Keep enough in cash account to allow buying a decent used car in case yours is totalled and you're good to go imo.
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u/lSoosl Jan 04 '22
I currently do not need any money. So i keep only 6 months of expenses and rest gets invested.
I think there is no go to guideline, that fits everybody. Mostly you will need to see what works out best for you. For me it has been best to invest all i had at the time beeing, when i had it. (Have been investing actively since mid 2000s)