Don’t keep cash in the bank beyond emergency fund.

I have discussed how important is to keep liquid assets for emergency fund! However, I must stress, there should be no doubt that cash should only be equivalent to the emergency fund and nothing more than that.

To give you a perspective, purchasing power of 100k PKR in a current account is reduced to 17,692/- PKR while a 10K PKR invested in stock market in 2000 is equal to 330K+ PKR. This is how the power of long term investment in right asset class looks like..

Keep following for more insight which are coming up on the YouTube channel 🙂

This week’s 3 videos are as below, in case you have missed:

Keep hustling 🙂