@PatJules8 8 June 2021 more from that month

When it comes to investment, long term is always an advantage which means at least 10 years. Quite long years to run but consider it like taking care of your baby in the womb for 9 months wherein there's always the ups and downs likewise the development (growth) stage. However...let me also point out that EMERGENCY must be taken into consideration and not just your investment fund. The pandemic is expected to be bearish for some stocks and equities hence do not sell at a loss due to lack of fund. I have learned and always followed the 10-20-70 formula wherein the 70 percent is taken the highest consideration including my emergency fund. During papa's medication I would admit that the first month was smooth sailing however on the last days before his death, my mutual funds were a lifesaver, regardless if I sold it a loss but somehow I learned a lesson that EMERGENCY FUND must not be forgotten. SET ASIDE whatever you can afford and BE FAITHFUL with it. There's no such thing as HOW MUCH if you have a tight budget but if you're earning 30-50k a month...SET ASIDE A PORTION for YOUR EMERGENCY fund. It would take 7 business days for a Mutual Fund Settlement date, but what if you NEED a 50k on the spot? Image source: StocksUpdate from TrulyRichClub and my Mutual Fund Screenshot