Timeline for Is there an advantage to keeping a liquid emergency fund if one also has an untapped line of credit?
Current License: CC BY-SA 3.0
3 events
| when toggle format | what | by | license | comment | |
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| May 5, 2015 at 13:21 | comment | added | Snowbody | I still haven't seen anyone make a good case that a line of credit (cancellable by the bank without notice) is adequate for emergency situations. | |
| May 5, 2015 at 10:50 | comment | added | Mark | Why not both? In general, illiquid investments have a higher return than liquid ones. If a line of credit were adequate, then the emergency-fund money could be put into a high-return investment rather than a low-return one. | |
| May 4, 2015 at 21:47 | history | answered | Snowbody | CC BY-SA 3.0 |