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Keep as much as you need to give you time to liquidate other things (like stocks or mutual funds). Especially with inflation as high as it is, keeping that much money in a checking account is just boneheaded.



>Keep as much as you need to give you time to liquidate other things

And what if there's a crash and your savings takes a 40% haircut?


>And what if there's a crash and your savings takes a 40% haircut?

Also, it's worth noting that there is likely a strong correlation between a financial market crash and sudden unemployment or other issues.


there are other investment instruments that are inversely correlated to market crashes

EDIT: given truthful observation to whataboutism on an internet forum and receive quiet downvotes.

EL OH EL


Then as long as you had 6mo of living expenses, you'll still have 3mo left over. Plus all the extra months you got from previous appreciation.




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