I will keep my emergency fund as it is since it was really alloted for that particular reason, and I will just save separately for investments fund.
Yes I agree with you. The wise thing to do with your savings is that you build a business you want to be able to gain more money because business is also the key of the rich people today. Spend it in a good ways that you can benifit more.
Indeed, I agree that you must keep an emergency, since you don't when you'll get sick, with that emergency fund you can't be stressed in the bills that you're going to pay. It's also wise to build business with your savings, especially when you're still young, because more opportunities will come to you.