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Now, if you have a fund set up after your 6 months emergency, research or pick an investment. Lot's of people think there is a market correction coming soon (and I agree theres a lot of bubbles ready to pop) but impossible to predict exactly when so if you're investing for the long term it accounts for the ups and downs of the market. I'm not licensed to give financial advice but one thing I've learned is try to find a low tax low fee environment for your money to grow in. If you are looking for some short-term ROI you can fund one of my real estate investments in St Louis and get all principal plus 7% back in 6 months
Not a licensed stock advisor either, but mathmatically I can note that if you select long term stock positions with dividend payments, the dividends are not usually affected by the stock price. So You can get the benefit of a dividend payment stock for short term returns, while you continue holding the stock longterm as you wait through a market correction.
Also mathmatically, longterm, returns on the market as a whole average to almost exactly 7%. So even if the market corrects continued investment will get you to 7% as time passes. (assuming an index fund, not individual stocks that could see 100% loss.)
Anecdotally, focus on 6 months emergency fund first though. Worst thing that can happen is diping into your longterm investment while it is in a slump. And as economic emergencies are more likely when the market is down, this is doubly important.