Need advice for EF and investments
Hello po. 24M Newbie investor here, just wanted to share my progress and ask for some advice.
I recently hit my goal of 6 months’ worth of expenses for my emergency fund. Feeling relieved to have that safety net. Now, I’m thinking about my next moves for investing.
Here’s my current plan:
- My company has a stocks program where I can invest at least 10% up to 20% of my salary. Still deciding how much to allocate.
- Planning to invest more in PH REITs for dividends.
- Also want to start investing in VTI for long-term growth.
- I already have some PH REITs and a few US penny stocks, but I want to build a more structured portfolio.
Questions: 1. Should I build my emergency fund up to 6 months’ worth of salary before focusing on investments? 2. How often do you invest? Monthly, weekly, or whenever you have extra cash? 3. Any tips for managing investments while also having expenses like rent and savings goals?
Would love to hear your thoughts! How do you guys structure your investing strategy as beginners?