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Public Service Announcement

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Thread replies: 8
Thread images: 2

File: savings-account.jpg (46KB, 652x434px) Image search: [Google]
savings-account.jpg
46KB, 652x434px
This is a bi-annual reminder that if you don't have enough cash saved up to where you can meet all your living expenses without any income for at least one year, then you have no business whatsoever "investing". Please reassess your priorities if this describes you.

--End of PSA--
>>
File: Screenshot_2016-09-12-19-09-35.png (124KB, 1080x1920px) Image search: [Google]
Screenshot_2016-09-12-19-09-35.png
124KB, 1080x1920px
Go fuck yourself
>>
>>1512595
>all /biz/anons will see a 600% increase in their portfolio's value, there is no risk or luck involved
>>
>>1512591
The rule is three months. If you lose your job and can't find a new one in three months, you're retarded and should never be investing anyway.
>>
>>1512612
>three months
This isn't your daddy's job market anon.

>If you lose your job and can't find a new one in three months, you're retarded and should never be investing anyway.
And yet people still do this, hence the need for this PSA.
>>
>>1512591
But I do. I can get by on $700 a month and my savings account has ~$8000 on it.
>>
>>1512618
But your PSA is inaccurate. 1 year is vast overkill. I don't worry about the job market because my skillset is highly valued and I'm good at it and friendly. I only feel the need for one month. I pity someone who is so socially retarded that they need a whole year.
>>
>>1512620
Just don't invest your cash cushion. Anything over that amount you can risk.

>>1512626
If you're that confident in your employability then go for it I guess, although having just one month of savings seems way too risky regardless.
Thread posts: 8
Thread images: 2


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