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Additionally, I keep a buffer for upcoming quarterly taxes and aim to maintain three months' worth of expenses liquid for peace of mind. Not only is this crucial for budgeting, but it also allows room for investing when income fluctuates.
Investing Ethically
To invest successfully, I ensure my accessible cash exceeds my target buffer. My investment strategy primarily consists of 80% in ETFs and mutual funds tracking the S&P 500, with 20% in individual stocks. Recently, I've started considering alternative investments in real estate via platforms like Fundrise, which democratize access to property investment.