"Emergency funds are for retards." Coli Poster

Pimp

Banned
Joined
Sep 28, 2012
Messages
13,717
Reputation
-1,849
Daps
32,742
Reppin
NULL
The point was what if you need to pull money in a bear market? How can you buy the dip?
Emergency fund imo should be 3-6 months of expenses. If you do that your comfortable and if their is a massive bear market you can use some of that money to buy dirt cheap securities.

In a bear market, you still have money invested right? My god, scared money don't make money..
 

DaddyFresh

Superstar
Joined
Jul 17, 2013
Messages
10,355
Reputation
-536
Daps
45,229
Reppin
NULL
In a bear market, you still have money invested right? My god, scared money don't make money..
You’re taking a aggressive approach to investing. If it works for you good shyt. But don’t make it sound like you figured out how to properly manage money. The goal of investing is for sure fire returns. Sounds like you trying to hit a lick on the stock market
 

Pimp

Banned
Joined
Sep 28, 2012
Messages
13,717
Reputation
-1,849
Daps
32,742
Reppin
NULL
You’re taking a aggressive approach to investing. If it works for you good shyt. But don’t make it sound like you figured out how to properly manage money. The goal of investing is for sure fire returns. Sounds like you trying to hit a lick on the stock market

It sounds like last year i had 54% return on my investment with single stocks
 

OfTheCross

Veteran
Joined
Mar 17, 2013
Messages
43,548
Reputation
5,024
Daps
99,027
Reppin
Keeping my overhead low, and my understand high
Okay but what happens if you lose your job are you going to survive off of your credit card for months at a time?

Look at what happened literally during the pandemic :heh:

I like to keep at least 3 months liquid for at least rent/mortgage :yeshrug:


You pull the money out of your investment accounts. Point is, having money just sitting in Savings aint worth it
 

mobbinfms

Veteran
Supporter
Joined
Aug 10, 2012
Messages
37,439
Reputation
15,530
Daps
94,086
Reppin
TPC
Don’t invest with money you can’t afford to lose.
A 3-6 month emergency fund should be set up before you start investing.
If you have to sell stocks to pay for a car repair, you’re hustling backwards.
 
Joined
Jan 24, 2016
Messages
21,471
Reputation
4,946
Daps
50,654
If they live rough, let them keep they rough ass in jail while you ball out. That will teach them how to be men.

you do you and keep yours in hedge fund. im freeing da guyz :yeshrug:

ima ball out regardless lol id rather be with them too.

i think the solutions to all yall problems is just to have money everywhere.

checking, saving, pension, under the bed, property equity, trash crypto coins, etc.
yall arguing over nothing lol
 

Wildhundreds

Veteran
Supporter
Joined
Nov 18, 2016
Messages
23,701
Reputation
3,961
Daps
99,458
you do you and keep yours in hedge fund. im freeing da guyz :yeshrug:

ima ball out regardless lol id rather be with them too.

i think the solutions to all yall problems is just to have money everywhere.

checking, saving, pension, under the bed, property equity, trash crypto coins, etc.
yall arguing over nothing lol

True..

People always trying to claim one way is better than the other. Using outlandish scenarios..
 

Pimp

Banned
Joined
Sep 28, 2012
Messages
13,717
Reputation
-1,849
Daps
32,742
Reppin
NULL
you do you and keep yours in hedge fund. im freeing da guyz :yeshrug:

ima ball out regardless lol id rather be with them too.

i think the solutions to all yall problems is just to have money everywhere.

checking, saving, pension, under the bed, property equity, trash crypto coins, etc.
yall arguing over nothing lol

When you grow up, you'll leave them in jail. No grown man should have to bail out another grown man. His immediate family should do it. If you bail out friends those ain't your friends they using you. You're the "work nikka" in the crew. Street nikkaz look at me like "the king is still the king"...
 

Wildhundreds

Veteran
Supporter
Joined
Nov 18, 2016
Messages
23,701
Reputation
3,961
Daps
99,458
When you grow up, you'll leave them in jail. No grown man should have to bail out another grown man. His immediate family should do it. If you bail out friends those ain't your friends they using you. You're the "work nikka" in the crew. Street nikkaz look at me like "the king is still the king"...

Street nikkas your audience ?
 
Top