Should I invest all my money, and how?

My answer to Should I invest all my money, and how?

Answer by David L. Wright:

Most financial advisors suggest that you maintain 6 to 9 months in cash as an emergency fund. If you currently aren’t employed, you might want to hold on to your cash in its entirety until you have a steady income.

Once you had cash coming in on a regular basis, invest that other cash that you have. You should augment that by investing at least 15% of your wages.

You should invest simply. There was an article in Barron’s today which suggests: How to Invest: When You’re Just Getting Started

It’s not complicated — just set up automatic deposits into these funds, and don’t try to get clever.

Here’s a link: How to Invest: When You’re Just Getting Started

Best of luck

Should I invest all my money, and how?

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