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What to do with 24k
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I have just pulled out 24k from a certain risk investment class beginning with C. I hate watching my money sit in a "high interest" bank account doing nothing. How could I re-invest this money, though with building a base first and not going all in since the 24k is my whole savings?

To give a bit of background info on my cost of living, I pay the following.

  • $950 a fortnight on rent
  • $376 a fortnight on car loan
  • $150 per fortnight on fuel

These are my two major expenses and then it's phone bill, utilities, etc.

I don't have an emergency fund set up. How much should I leave as an "emergency fund" before re-investing?

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Posted
4 months ago