Invest Our LIFE SAVINGS in Stocks?? (Is a $100,000 Emergency Fund Too Much?)

Invest Our LIFE SAVINGS in Stocks?? (Is a $100,000 Emergency Fund Too Much?)

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Invest Our Life Savings in Stocks? (Is a $100,000 Emergency Fund Too Much)

Today, I will share why no one should EVER invest their Emergency Fund/Life Savings in stocks. That includes dividends stocks too. I will also share an update on our emergency fund goal. In 2023 it's $50,000; then $100,000 and finally 2 years worth before retirement. I will also share a sponsorship from Zniff! Enjoy.

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#savings #stockmarket #financialfreedom

Disclaimer!!
I am NOT a financial advisor! All opinions are my own. Please do your own due diligence or seek advise from a licensed professional. I am not responsible for any losses incurred by anyone. This is for entertainment only. **DISCLAIMER - PLEASE DO NOT COPY, PLAGIARIZE OR USE ANY MT BUSINESS RELATED CONTENT WITH MY PERMISSION! THANK YOU!
00:00 Introduction
00:49 Why emergency funds are important?
01:27 How much you need?
02:56 Dave Ramsey Thoughts
03:42 Our current totals
04:34 Our goals this year
04:46 Long term EF goal
05:09 How to beef up your savings
05:41 Why we DO NOT invest our EF
06:20 ZNIFF Sponsorship
08:23 More reasons we do not invest our savings
09:15 Another reason not to invest your EF
09:49 Why sinking funds are important
10:39 Finding extra money
11:46 What happened to us...
12:42 Outro