I’ve been investing pretty much all of the money I’ve made working in various stocks. I’ve done a few mistakes but I’m learning to just simplify and am allowing myself a bit of stock picking on a few quality stock that I feel have a good future. (MSFT at 380\~)
My plans aren’t to use this money to buy a house or fund my retirement, as I’m certified to have a good paying job after I’m done studying, my money is to fund a gap year in 3-4 years.
My questions is, I’ve invested about 16k usd and still have 5k in cash on my brokerage account. Since I’ll need my money in 3-4 years, should I keep investing taking the risk of a market crash and it not recovering by the time I need the money ? Or should I just let it sit for that period of time not knowing if a market crash would really affect me as they recently have tended to recover quicker.
If I should keep investing, is it ok for me to wait with these 5k on the side so that I can have cash in case of a market crash ?
Thanks in advance for any answers