Dec 28 2018, 05:17 PM
QUOTE(NGV22 @ Dec 28 2018, 02:21 PM)
I want to build my 6 months emergency fund as my first step towards savings. My expense is currently around RM3k per month, which means I have to save around 18-20k emergency fund.
Currently I have rm10k sitting in a 1 year FD (3.35%) and going to mature in mid March next year. I also have a few savings here there and combined with this FD, I will be having rm15k by March.
What should I do with the RM15K? continue with FD? But sifus here like @Ramjade said FD is a waste of time. Putting into ASM is suitable as emergency fund?
you can hardly see any money with 10k in FD, depending on your risk appetite, go for something with higher risks with greater returns.Currently I have rm10k sitting in a 1 year FD (3.35%) and going to mature in mid March next year. I also have a few savings here there and combined with this FD, I will be having rm15k by March.
What should I do with the RM15K? continue with FD? But sifus here like @Ramjade said FD is a waste of time. Putting into ASM is suitable as emergency fund?
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