If you have at least 6 months of monthly expenses in your savings account is it a bad idea to invest the rest of your pay check into the stock market (obviously after you pay your monthly expenses)?
For some more details, I will first max out my Roth IRA then invest into an individual brokerage account (I do not have 401K). I do a 3 fund portfolio in both.
I just don’t see the point of keeping the money in savings when I already have 12 months of monthly expenses currently in a high yield savings account. Shouldn’t I just invest it all and keep my savings static at the amount it is at now?
Submitted June 22, 2020 at 10:33PM by spade883 https://ift.tt/2CxtvWZ
