What does investing do??? And if it's worth it how do I do it?

Banks shut down and the stock market crashes. No ATM’s have money.
Now how much cash do you think you need?

Banks shut down and the stock market crashes. No ATM’s have money.
Now how much cash do you think you need?

Have "cash" available . . . but GOLD & SILVER readily on hand. :-)

another certified PF "I have more money than I know what to do with" thread...

All the investing talk got me thinking and I question if I'm holding to much cash. It's piece of mind yet gets inflated away. But at the same time having it liquid allows the ability to jump in on good deals especially if the economy crashes. But there could be to much.

What's enough. Emergency fund with 3, 6, 9, months or a years worth of expenses?
Other cash held for investment opportunities? My Goal has been a years worth of expenses, but I just started thinking I don't need it all in a cash fund just the ability to turn it into cash if needed fairly easy so maybe just 2 to 3 months in an instant available cash account may be smarter?

With markets a highs it may be wise to wait for a drop if I holding to much in cash. But yes still dollar cost averaging weekly as well.

Often I allow indecision to stop me.from making moves that would more times than not been profitable mostly due to not wanting to see savings levels reduce. To combat that I spend another bank account just to be used for investing in hopes since that's what it's there for I will jump on opportunities when they come up. Have not had it long enough or funded enough to see how that works out . Anyone else do small things to trick themselves. Realistically there is zero difference if the money goes into and out of one account or is broken up between multiple but it seems to work for me so far.


Just rambling though while waiting on things to get moving at work.

SJA,
If things go your way....maybe.

But, if things go bad enough that you need to buy ammo with your gold and silver...it'll be too late for you and your's.

I'm gonna use my brass and lead to obtain what I need.

All the investing talk got me thinking and I question if I'm holding to much cash. It's piece of mind yet gets inflated away. But at the same time having it liquid allows the ability to jump in on good deals especially if the economy crashes. But there could be to much.

What's enough. Emergency fund with 3, 6, 9, months or a years worth of expenses?
Other cash held for investment opportunities? My Goal has been a years worth of expenses, but I just started thinking I don't need it all in a cash fund just the ability to turn it into cash if needed fairly easy so maybe just 2 to 3 months in an instant available cash account may be smarter?

With markets a highs it may be wise to wait for a drop if I holding to much in cash. But yes still dollar cost averaging weekly as well.

Often I allow indecision to stop me.from making moves that would more times than not been profitable mostly due to not wanting to see savings levels reduce. To combat that I spend another bank account just to be used for investing in hopes since that's what it's there for I will jump on opportunities when they come up. Have not had it long enough or funded enough to see how that works out . Anyone else do small things to trick themselves. Realistically there is zero difference if the money goes into and out of one account or is broken up between multiple but it seems to work for me so far.


Just rambling though while waiting on things to get moving at work.