How Much Cash Should You Have Saved?

Deposit RM1k and get RM150 worth of vouchers
Deposit RM10k and get RM450 worth of fractional shares

I've seen many Malaysians do well, saving up a good chunk of money at a young age. But holding onto a lot of cash isn't really a good thing.

We might lose out to inflation or miss out on opportunities to grow our wealth. So how much is ideal and where should we put the rest?

⌚ Timestamps:
00:00 Intro
00:53 The problem with holding too much cash
3:00 Keeping money in fixed deposits/high-yield savings accounts
4:30 How much cash should you hold
8:12 What should you do with the rest of your cash

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[nandojuace]

Invest in the financial markets before retiring by diversifying across assets, allocating a small portion of your portfolio, staying updated on market trends, and considering long-term holding to balance risk and growth

[Brucelanham]

I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer

[Adnanhasb]

Thanks for the vid
Portfolio management made easy to understand

[Victor_YNWA]

What if i save emergency fund in MMF, like KDI save.. same day withdrawal before 11am.?

If emergency arises like accident, i can just use my credit card

[SaadonAksah]

Back in my day a can of drink was just 1rm 😂