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2021-02-16 12:32 28852830 Anonymous (d90[1].png 644x800 14kB)
>emergency fund

17 min later 28853625 Anonymous
My ETFs are my emergency fund.

18 min later 28853666 Anonymous
>>28853625 The taxpayers are my emergency fund.

19 min later 28853702 Anonymous
>>28852830 Imagine not having spare cash to invest in market crashes.

19 min later 28853727 Anonymous
>>28853625 Insecure plan and Cringe >>28853666 Secure plan and Based

22 min later 28853826 Anonymous
>>28853666 based trips, what can i say

23 min later 28853903 Anonymous
>>28853666 Very nice.

38 min later 28854593 Anonymous
Kek Reddit actually thinks you need to save up 10k for “emergencies” before investing Boomer tier logic desu

41 min later 28854703 Anonymous
>>28852830 I have a year's worth of expenses in cash in a safe

42 min later 28854768 Anonymous
>>28853666 Based plan Satan

43 min later 28854829 Anonymous
>>28854593 this wtf. im pretty sure even robinhood lets you sell and cashout within a week tops. at least keep it in some boomerstocks.

43 min later 28854835 Anonymous
>>28853666 fuck you made my day

44 min later 28854899 Anonymous
>>28854593 If you need to "save up" 10k you are too poor to invest you dumb nigger.

45 min later 28854946 Anonymous
>”crypto isn’t investing”

46 min later 28855017 Anonymous
Wtf is an emergency fund? That's called my bank account $300 is all that goes towards anything at all

47 min later 28855027 Anonymous
>>28854899 You what? Most Americans barely have 1k in savings, 10K and then everything else invested makes sense

48 min later 28855107 Anonymous (1613478083247.gif 250x185 1367kB)
>>28853666 Checked

49 min later 28855121 Anonymous
>>28853666 some higher beeing gave you these digits

1 hours later 28855870 Anonymous
>>28855017 It’s some fucking dumb concept Reddit tier people will shill Basically locks you into being a wagecuck for even longer They think you need spare money for every possible thing that could go wrong

1 hours later 28855958 Anonymous
>>28852830 >jews crashed the economy once every 8-10 years for the millionths time fund

1 hours later 28856021 Anonymous (18y7iy.jpg 384x384 27kB)
>>28853666

1 hours later 28856609 Anonymous
>>28855870 Are you retarded? Most people here have a savings account which is what they use as their “emergency fund”. Be responsible.

1 hours later 28856653 Anonymous (Tw1Wev4NUTJaYD4kUd2CkGlJJ9-gjb71TeL3T2S97nY[1].jpg 3192x2124 845kB)
>>28856609

1 hours later 28856837 Anonymous
>>28853702 Inflation crushing you to the tune of 15% per year as you sit for the market crash. When the market crash comes you hesitate as you think it will go lower. Whoops, too late bub, maybe next time, as your cash continues to lose purchasing power to the tune of 15% per year. T. Keep $1500-$3000 on deck, the rest... into assets.

1 hours later 28856995 Anonymous (06640F35-461F-4D83-81DE-5ACCEBC6881D.jpg 403x448 20kB)
>>28856837 >15% per year

1 hours later 28857010 Anonymous
>>28856837 This.

1 hours later 28857209 Anonymous
>>28856653 Ngmi

1 hours later 28857261 Anonymous
>>28856995 This people just rattle off stuff they heard on twitter

1 hours later 28857319 Anonymous
Why would you short the most parabolic asset in the history of mankind?

1 hours later 28857334 Anonymous
>>28856609 >savings account holy shit you’re a cuck

1 hours later 28857410 Anonymous
>>28853666 Satan knows better.

1 hours later 28857837 Anonymous
>>28856995 >>28857261 How much $$$ did central banks print in 2020 & 2021? Did assets & *desirable* real estate increase in price? How much? How much have commodities (e.g. lumber), beef, etc. increased in price over the past few months? Wake up. Honestly though..... rhetorical. You guys missed the fucking point. I'm not surprised.. hence your networth.

1 hours later 28857976 Anonymous
>>28857837 You know the fed can deflate the money? They’ve been doing their job for a century now, I trust them over some foreign(likely Canadian) virgin

1 hours later 28858025 Anonymous
>>28857837 your networth is 1/10th of a bitcoin lmao, what a cuck zoomer

1 hours later 28858212 Anonymous
>>28856609 why? crypto and boomerstocks can be liquidated within a week. i do keep enough for at least one month's rent in usd though

1 hours later 28858405 Anonymous
>>28852830 NOOO YOU HAVE TO HAVE 10K IN HECKIN' CASHERINO SITTING THERE INFLATING OR ELSE YOU AREN'T BEING FINANCIALLY RESPONSIBLE!!!! I REGULARLY HAVE $10K EMERGENCIES!

1 hours later 28858474 Anonymous
>>28857976 >You know the fed can deflate the money? The FED has been inflating assets since the '08 financial crisis. QE. Watch what people do, not what they say. >>28858025 That it? Ignore the answers you don't like? I'm rich. Enjoy!

1 hours later 28858479 Anonymous
>>28858405 my friend was trying to tell me to keep six-months salary in a USD savings account and i'm like nah bro

1 hours later 28858544 Anonymous
>>28858405 based

1 hours later 28858808 Anonymous
Jesus Christ just have an emergency credit card, that gives you at least 1 month to liquidate some assets and you aren't stuck sitting in fiat waiting for an emergency that probably will never come.

1 hours later 28858877 Anonymous
>>28853666 Based Lucifer

2 hours later 28858970 Anonymous
>emergency fund Let me just bank thousands of dollars to sit there and do absolutely nothing yeah good idea I mean its not like credit exists right?

2 hours later 28859046 Anonymous
This is a based thread, truly we are superior to plebbit

2 hours later 28859049 Anonymous
>>28856837 You're a retard but you are right insofar that time in the market statistically beats trying to time it and invest into dips while sitting on cash for too long.

2 hours later 28859130 Anonymous
>>28858970 >Let me just bank thousands of dollars to sit there You mock this but many people on /biz/ do this in the form of “precious metals”

2 hours later 28859228 Anonymous
>>28854593 >boomers >own property >have families >good paying jobs >while zoomer and millenials cry and whine and beg for scraps haha yeah dumb boomers and their boomer logic

2 hours later 28859265 Anonymous
>>28859049 How much does it cost you to keep 15k in cash and not invested? How much emergency fund do you need when your portfolio passes 100k, 500k, 1 mil? Are you rich? When you need fiat, collateral loans.

2 hours later 28859375 Anonymous
>>28858474 >I'm rich now this is cringe

2 hours later 28859379 Anonymous
>>28858212 You can make good interest on your money. Bank literally pays you to bank with them basically

2 hours later 28859456 Anonymous
>>28859228 Boomers stole those things from future generations.

2 hours later 28859638 Anonymous (ramsey.jpg 321x339 10kB)
RICE

2 hours later 28859666 Anonymous
>>28855027 Something like half of Americans can't cover 300 bucks without taking a loan

2 hours later 28859748 Anonymous
>>28852830 you probably dont need an emergency fund when you live at home with your parents

2 hours later 28859771 Anonymous
>>28854829 it's because they fear having to sell at a loss, no matter how small it is not investing 10k > small risk of having to sell stocks at a 5% loss in case of an emergency in their opinion

2 hours later 28859889 Anonymous
>>28859379 >good interest kek

2 hours later 28860287 Anonymous
>>28859379 >Bank literally pays you to bank with them basically lol, i would be interested to see where you're getting good returns from a bank. maybe if you're already a richfag you can put like a mill into dividend funds or something through your bank, but we are talking about holding liquid cash here (savings or checking account).

2 hours later 28860393 Anonymous
I've never had enough for a 1k emergency fund, it really does help my cat got hit by a car and was gonna have to put her down because I was so broke. Luckily I refused to put her down and helped her recover but had she been worse off she wouldn't have had an option. And that's just a cat I'm fucked if anything else happens.

2 hours later 28860496 Anonymous
>>28859379 What kind of fucking bank gives you "Good money" in interest these days lmao

2 hours later 28860776 Anonymous (3BBD68DD-73FF-432B-8F57-0055F87CC5BB.jpg 800x450 50kB)
Ok I am a boomer (35) and have a small emergency fund in a saving account because I own a home, so it's reasonable to think I need to have thousands in cash on hand at all times. But I'm seriously thinking of just dropping it all into stable coins on Celsius and getting 12.5% so at least it's not dying in a bank account. Thoughts? Btw I'm trans if that matters,

2 hours later 28861052 Anonymous
>>28860776 It really doesn't matter, so why did you post it? What could that possibly add to the discussion

2 hours later 28861172 Anonymous
>>28861052 Sorry, just a carry over of /fit/ humor I guess, didn't know if you fags were in the know

2 hours later 28861321 Anonymous
>>28860776 Just buy some crypto cunt, also /fit/izen here. Say you actually need emergency money, you can always liquidate some crypto and cash out if its THAT BAD, or you can just a loan, interest rates are tiny as fuck now, or you can just use a credit card and pay it off straight away. I use to be the type of cunt to keep $50k in savings for emergencies, but now I only keep 2-3k max.

2 hours later 28861442 Anonymous
Do any of you have a wife, children, older parents, car, or run their own business? It’s common for adults with responsibilities to keep some cash for unforeseen situations. I mean seriously, if 10k in a savings account is hurting you that much you need a better job.

2 hours later 28861512 Anonymous
>>28853666 based

2 hours later 28861560 Anonymous
>>28861321 What if a crash happens at the same time that plummets your crypto and stocks? What if liquidity halts? You’ll be left with nothing but debt bud. You think you’re the smart one here? Bud I have more hair on my ballsack than on your chin I bet.

2 hours later 28861586 Anonymous
>>28861442 You can take 8k of that 10k and 2-3x it in a relatively short period of time with crypto....

2 hours later 28861588 Anonymous
>>28860776 damn post wall tranny i would end it

2 hours later 28861655 Anonymous
>>28854703 >cash kek

2 hours later 28861696 Anonymous
>>28861560 Who said anything about being in debt? And crashes always happen, but the gains return very quickly. Crashes shake out weak hands like yourself, while people like me prosper.

2 hours later 28861797 Anonymous
>>28858212 >paying rent kek

2 hours later 28861802 Anonymous
>>28860393 You dont need to pay anyone to put down your cat if you arnt a faggot

2 hours later 28861834 Anonymous
>>28861442 You can get money out of crypto in a few days at the most if you had to.

2 hours later 28861944 Anonymous
If 10k in a savings account would be a significant part of your assets, you haven't come close to making it. I keep some cash in a savings account because some bullshit might come up. But the money in the savings account is about 2 months salary, not exactly a huge chunk relative to everything else.

2 hours later 28862016 Anonymous
>>28861696 >but the gains return very quickly What if you sell for -90%? And you have a mortgage to pay? Medical bills to pay? Daycare, food, electricity, vehicles? You have a job and kids right, at least a gf then? How is she going to deal with an unemployed biztard preaching about the moon? Don’t invest more than you can lose, good luck kid. Used to be just like you 10 years ago.

2 hours later 28862033 Anonymous
>>28861442 Most people ITT live with their parents or are in college.

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