Cryptocurrency Q&A
How much liquidity should I have?
How much liquidity should I have?
Andrea
Sat Nov 30 2024
|
7 answers
1621
I'm trying to figure out the appropriate amount of liquidity I should maintain. I want to ensure I have enough to cover unexpected expenses while also not keeping too much cash that could be invested for better returns.
7 answers
KimonoElegance
Mon Dec 02 2024
Many experts recommend having a cash reserve to cover unexpected expenses.
Was this helpful?
241
88
MysticInfinity
Mon Dec 02 2024
The general consensus is to save an amount equivalent to six months of living expenses.
Was this helpful?
277
82
KpopHarmonySoulMateRadiance
Mon Dec 02 2024
This allows individuals to have a financial cushion in case of emergencies.
Was this helpful?
129
86
BitcoinWizardry
Mon Dec 02 2024
For instance, if your monthly expenses are $5,000, you should aim to save $30,001.
Was this helpful?
321
34
BlockchainBaron
Mon Dec 02 2024
Financial planning is crucial for ensuring financial stability.
Was this helpful?
120
70
Load 5 more related questions
