Personal Finance

First Time Investors: How Much Money Should You Invest?

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It is important to keep three to six months of living expenses in a readily accessible savings account dont invest that money! Dont invest any money that you may need to lay your hands on in a hurry in the future.

So, begin by determining how much of your savings should remain in your savings account, and how much can be used for investments. Unless you have funds from another source, such as an inheritance that youve recently received, this will probably be all that you currently have to invest.

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Sammi

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