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Stealth

how to invest

i have around 80k in savings rn, how much of that should i keep liquid and how much should i invest, also where to invest?

my current salary is around 80k as well

1mo ago2.4K views
InfiniteLoop9
InfiniteLoop9
EY1mo

Keep ur emergency fund in liquid fund.. If u want to invest for long term for more than 5+ yrs Then do in index funds.. Or else for 3-5 yrs do In hybrid funds.. If less than 3yrs.. invest in any debt fund or conservative hybrid fund

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Stealth1mo

how much emergency fund should i have? and don't hate me for this but right now i have short term goals like going travelling and discovering myself within the next year so that's what i wanna save for.

moreover i have the urge to spend money on unnecessary things so want to save it from myself as well

Randomization
Randomization
Stealth1mo

Keep it entirely liquid that 80k you have currently. Preferably do a FD of that amount, interest is high on 18-24 months FD.

And then start investing from next month onwards, whatever you can and are willing to.

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