Before investing a single euro in stocks or crypto, build an emergency fund. This foundational step protects your investments from being liquidated at the worst possible time.
How Much Do You Need?
The standard recommendation is 3 to 6 months of essential expenses in liquid savings. Keep funds in a high-yield savings account — not in volatile assets.
Why This Matters for Investors
Without an emergency buffer, a job loss forces you to sell investments at a loss. AliumNews covers personal finance strategies for investors at every level.