Level 10
This widget could not be displayed.

Investing

I realize the original question is several months old. The global economy has changed a bit since then and the geopolitical situation has deteriorated even further.

 

I am a retiree with no income other than my investments (and a pittance from Social Security). In anticipation of a recession, I maintain 2 years of living expenses - a lot more than the $12k in the OP - in cash and cash equivalents.