In general, how much of your annual income should you save in the form of liquid reserves What portion of your investment portfolio should you keep in savings and other short term investment vehicles Explain ...

The amount of liquid reserves you have on hand will depend on your personal circumstances ...

In general, how much of your annual income should you save in the form of liquid reserves?

Question:

In general, how much of your annual income should you save in the form of liquid reserves? What portion of your investment should you keep in savings and other short-term investment vehicles? Explain.

Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...