Are you ready to Invest?
Updated: May 4, 2021
Before you are ready to invest you should have already done the following:
All debt (except your mortgage) paid off
Have a fully funded Emergency Fund in place - 3 months worth of expenses if you are employed. Up to 6 months worth of expenses if you are self-employed. Having this in place gives you financial breathing room and can help you when life throws some curve balls your way. i.e. COVID. not many people have an emergency fund in place so do yourself a favor and get this done first.