As the title says I am trying to see where people stand on this. Obviously this is all personal preference. But that is what I am after.
After depleting our savings when buying our apartment 2 years ago, we’re about to cross 6 months liquid savings in just plain old savings account with ability to immediately withdraw money.
(To clarify that is 6 month assuming 0 income, which is very unlikely given the social system of our country - so realistically we have even more in savings.)
As you can imagine, the interest in this account is not great, so I want to set a limit as to when we stop dumping every spare penny into the savings account and begin doing other things (likely try to invest).
I keep around 2 years of living expenses in a mixture of government bonds, treasury bills and high yield savings account. This gives me peace of mind to invest the rest of my money in the stock market and sleep well at night, regardless of how the market performs since I will likely never have to touch my investments in times of emergency.