I got addicted to buying stocks and only kept 300euro in my account. No emergency fund. That was kinda crazy.. Saving up to 10k now before I buy any stock again. If I live frugal I can live for 1-2 years with that 10k

How big is your emergency fund? 3 months of living expenses? 6 months? 1 year?

Here in my country we can apply unemployment benefit if we get fired for up to 3 months or so. US doesn't have this so keep that in mind.

This post was edited by DiamondHands on Apr 18 2021 11:32am

I don't have a dedicated emergency fund, I just have easy access savings that I don't put into stocks, which atm is high because I want to use most of that for a house deposit

Enough to cover getting laid off and still look around. Not enough to cover a cancer diagnosis.

Enough to cover my bills and mortgage for about a year. If things got really bad I could liquidate my stock holdings and have enough $ for maybe 3 years

I currently have roughly 26 months of expenses in physical cash. I am buying a ton of stonks but it is also there for a downpayment when I'm ready to settle in an area.

Once I get this money into a house and stocks I don't see much of a point in having more than $1,000 in cash. I can pull from my ROTH without issues or sell marketable securities.

Have high liquidity makes me sleep well at night, not having physical cash.

$20k USD is my emergency fund

A year ago, nothing. Woukda lost everything after 2 weeks
Now, I could buy d2jsp in cash

To maintain current standard of living and life /disability insurance about 8-12 months range

Zero. I could easily pull on a line of credit if needed. I have no children, and my spouse also has a good salary.

This post was edited by SBD on Apr 18 2021 08:29pm

No emergency fund all available funds get rotated into stocks and crypto, I guess my “emergency” fund is my 780 credit score