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Updated over 6 years ago,
How much savings is recommended before starting investing?
I know that number probably varies greatly between people’s comfort levels and preferences. I’m just curious if there is a commonly recommended amount. I’ve been researching and learning how to get started investing without using my own money, but I still feel like I need to have a good amount of savings. I just don’t want the question of savings to become a reason that I keep putting off getting started.
How much would you recommend a newbie have in savings before getting started? Is the number in the $10,000s range? Or $100,000s range?
Thanks in advance!