I put an order in to sell my VOO shares. I just cancelled it. Hopefully nothing happens Monday. A slight drop is all.

  • otp@sh.itjust.works
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    2 months ago

    Usually, the recommendation is to have an emergency fund before you make investments. If you foresaw the potential need for an emergency plan, you could’ve bumped up that emergency fund up.

    Of course, if your situation is unique and not “I need to escape Trump/a Red state” (like suddenly needing to escape from an abusive situation), then that’s much harder to anticipate.

    • idiomaddict@lemmy.world
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      2 months ago

      An emergency fund is generally ~6-12 months of expenses. I recently migrated from the USA to Germany, which cost me about 30 months worth of expenses, all told. It could be done more cheaply, but there’s also a huge element of luck, so it would not be smart to assume that it will cost much less than 24 months worth of expenses.