Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
ejikeme24
on 03/07/2025, 16:09:54 UTC

[Edited out]
Hmm… you’re still not getting the point, all you need to start is that extra little money you can afford to lose which is your discretionary fund, you do not need to have an emergency fund before you can start your investment. For example I’m a newbie starting my investment with $10, surely it’s not a must to have an emergency fund at that stage but as I go on to increase my investment regularly, I’ll start planning for emergency funds to act as a hedge for my investment and reserve funds for my expenses.
So in order to sustain, maintain and continue my investment I’ll need to have an emergency and/or reserve funds but not necessarily to start. You get the point?.

Yep, but I feel that is necessary for one to start looking for a way to build up his or her emergency fund after he must have Invested for two or three weeks/ months, because emergency issues can come at anytime time. However, I know we may not be expecting any emergency issues during that period, but to be in a safer side I feel that we shouldn't wait to spend like 5 to three weeks/ months before we will be making plans of getting our emergency funds ready.

surely our emergency fund can be  less important when getting started, but we shouldn't get carried away to an extent were we will be thinking that there will be no need of setting up emergency fund since there's no emergency alerm all this while, I'm pretty sure that this is what led most of this investors into selling their holdings when they don't even intend to do so.