Saving Vs. Investing
Hi,
Im currently 19 years old and was wondering what percent of my weekly paycheck I should be investing versus saving. I’m currently working on building my emergency fund of $1,000 and should complete this by early 2020. I want to buy my first rental property in 2020 but I don’t want to leave my money in a savings account and lose it to inflation so my plan as of right now is save 15% of my weekly paycheck for the rental property and then invest 25% of my paycheck into low volatility high dividend stocks such as $SPHD on the US and International market. Is this plan of action a good one? Or would you recommend something else?
All input is greatly appreciated.