Liquid asset to net worth This ratio provides an indication of a person's net worth in cash or cash equivalents. A minimum of 15% is considered prudent to meet short-term emergencies. CW8888 : When one have more dependents to support; it is better to have N x 15% Not sure how of us who are actively pursuing financial independence are cautious of this ratio?
I am 60+ yrs old uncle living in HDB heartland who has retired @ 60 on 30 Sep 2016.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 and now becoming full-time retail investor. So I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I have two sons and one daughter; two working adult children and the youngest son is currently in his 1st year SUTD.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038
Last updated: 16 Oct 2016
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