Some Investment Advice Please

[Duke TogoParticipant 2664]

My MGTOW Brothers

I am considering some investments which I have read into, and I am confident I fully understand the risks associated with each investment.

My main concern before I go ahead is how much cash should I leave for myself? I think I remember reading here that one should have at least 3 months emergency cash and no debt whatsoever before investing, and I meet that criteria. Is this correct or should I have 6 months, or even 1 year of emergency cash and no debt?

Thank you for reading this. I look forward to the combined wisdom of my MGTOW brothers with my question and anything else I should be considering.

DT

[ghostParticipant]

6 months.

[CarnageParticipant 22113]

6 months cash in hand.
Get a few silver coins or a gold coin.

I divide my whole money 60% money I can use now, is in the bank thoug. 20 % stocks. 15% gold. 10% cash. And I put a little bit on that cripto s~~~.

Iota and ripple are my calls.
Maybe I can get something before all this bubble go plot.

If this cripto scam goes over 1 trillion before going boom, is gonna be an awesome s~~~ show.

To those following me, be careful, I just farted. Men those beans are killers.

[Anonymous 42]

Iodide pills, buy iodide pills.

[Anonymous 43]

Best investments: Maybe your level of paranoia/high conflict situation is not as high as mine. Your mileage may vary.

physical and mental health.
PO Box
stainless steel, lead and copper with appropriate paperwork
Pay off all credit card debt, or learn to manage and manipulate the debt.
Used car, Japanese, 6-8 years old well maintained, silver or gray
Live in a university town, highway access
Be aware of exits where ever you are
Food, 2 week supply, cans, can opener, water in bottles
small camp stove, tent, sleeping bag, flashlight, first aid kit, blanket, extra changes of work and play clothes. Pot to boil water in.
have 3 bank accounts
Get more credit cards…Visa/MC tied to a store. Stores have promotions and incentives for employees, and you are more likely to get those cards. use and pay off, increasing the available credit to more than you will need in a month.
Cash on hand. 1 year.
Lawyer on retainer.

Next, get an IRA. Put money in the IRA. No load funds. Mutual funds, a little in every major category.
After a while open a Roth IRA
Take money from IRA to Roth. Money stays in Roth for 5 years, then you can withdraw without penalty. Check with an investment advisor to confirm this.

Taking money out of an IRA is painful, taxed as income, and 10% penalty.

1 year of expenses plus 10%.

Have people you can stay with if stuff goes bad.

Laptop and printer.

Consult with licensed professional investment advisor.

We all have our priorities. Sort yours out in order of importance. For me, Survival needs first, then ability to raise money then financial profit.

Good luck amigo.

[It’sallbsParticipant]

I’d keep as much emergency cash as you can -ideally 12 months but 6 minimum.

http://www.leavemeansleave.eu

[Duke TogoParticipant 2664]

ghost wrote:

6 months.

Carnage wrote:

6 months cash in hand.

Noted.

Carnage wrote:

Get a few silver coins or a gold coin.

Did that long ago.

Carnage wrote:

And I put a little bit on that cripto s~~~.

Already invested in some cryptocurrency.

Carnage wrote:

Iota and ripple are my calls.

Not in my portfolio, but I will consider.

Anonymous wrote:

Iodide pills, buy iodide pills.

Prepare for the worst and hope for the best right?

Anonymous wrote:

Best investments: Maybe your level of paranoia/high conflict situation is not as high as mine. Your mileage may vary.

physical and mental health.

I agree, just took longer than it should have for me to realize this. I lived for others for so long and my physical and mental health suffered. Now I live for me, put my health above everything and am happier as a result.

Anonymous wrote:

Pay off all credit card debt, or learn to manage and manipulate the debt.
…
Next, get an IRA. Put money in the IRA. No load funds. Mutual funds, a little in every major category.
…
1 year of expenses plus 10%.

No debt for me ever in my life. I cannot borrow money. I hate owing others and rather pay with my own money.

An IRA is what I think is superannuation in Australia, which is for reetirement. I got a superannuation fund and put 15% of my pay into it.

I am more comfortable with 1 year of cash but I think I can do 6 months. Maybe I will keep 9 months of cash, some sort of in between.

Thanks for the input team.

[JVBParticipant]

1 year. It must be cash with like you said no debt to repay.

Peace is > piece.

[StealthParticipant 5330]

It’s up to you. Six months to a year.

"Once you’ve taken care of the basics, there’s very little in this world for which your life is worth deferring." -David Hansson. "It’s not when women are mean or nasty that anything is out of the ordinary. It’s when they are NICE to you that you have to be on high alert..." -Jackinov.

[foghornleghornParticipant 3449]

A minimum 6 months emergency reserves is a safe bet to hedge against prolonged job loss or any other emergencies that pop up. More is of course better but once you get to the 6 months it’s up to you to decide how much more you want to save.

[BlakeGuyParticipant 287]

Canadian weed stocks

Let the good times roll

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