Thread: Side Hustle
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Old 12-15-2020 | 08:57 AM
  #315  
zyzz
On Reserve
 
Joined: Jan 2014
Posts: 70
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Originally Posted by Trip7
Excellent point. Personally while I'm not Jewish I do subscribe to the philosophy from the Talmud text of "Let every man divide his money into three parts, and invest a third in land, a third in business and a third let him keep by him in reserve."

So for me:

33% in emergency fund

33% in Real Estate (Syndications/Partnerships)

33% in Net Net and Deep Value Equities around the globe

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How much do you have in an emergency fund? That’s a big chunk of change just sitting around especially if you’ve been adding to it for years.
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