Todd PolkeInvestment Strategist l Wealth Coach l Speaker, Todd Polke · Investment Strategist l Helping Investors and Business Owners grow their Wealth Faster

Here's why you NEED a buffer. #shorts #australia #business #strategy

18 Dec 2023 · 0 min

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0:25

In this short video, the speaker argues that having a financial buffer is essential before starting to invest. While the buffer doesn’t need to be large, it should be sized to cover personal contingencies such as health, family, or work disruptions, providing peace of mind and allowing investors to sleep well at night.

So do you need to have a buffer in place before you begin investing? And to me, the answer is a wholeheartedly, absolutely yes. Now, that doesn't mean it necessarily needs to be a big buffer to begin with, and it's all going to come down to you deciding, okay, what do you need set aside so if something happens to work or life or health or family, what do I need that's going to give me a sleep at night factor?