Opinions on how much in liquid assets (cash, stocks, GICs, etc.) you should be sitting on at 25 years old?

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There’s too many factors that need to be addressed to know:
- student debt?
- live at home?
- lifestyle?

At 25 I wasn’t making a lot, ~$60K, but also lived very well including traveled lots, had a nice car, ate out lots, bought a fancy engagement ring. So my total cash/cash-like was ~30K.

I wouldn’t concern yourself with what others have around you. It’ll eat you up. Because everyone’s answers different to the questions above.

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$5 trillion minimum.

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But seriously, at 25 - If I could do it again, have at least 3 to 6 months of expenses saved up. The rest I would invest in S&P500. My main concern would be investment in my career - ensuring I'm setting myself up for a high paying career ($150k+) by Canadian standards. Then I would save at least 30% and see where life takes me. My point is that at 25, you're still young and investment in yourself would be greater than your investment in the market (mainly due to the compounding effect which also applies in the stock market).

At 25 I was living paycheque to paycheque, had about $10k left of student loan to pay back. Bought my first house (to rent out) at 27 and sold it at 31. Made $400k after capital gains from that house which set me up to buy my own house etc.

Point is to have a plan and not stress too early. Pay down debt. Save as much as you can and use it to buy assets/ invest in index funds. Stay away from buying materialistic things

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