Timeline for What emergencies could justify a highly liquid emergency fund?
Current License: CC BY-SA 3.0
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Aug 9, 2017 at 0:20 | comment | added | Chris Tonkinson | @FrederickStark +1 agreed - the emergency fund is an insurance policy, not an investment vehicle. It's not there to make money, it's there to cushion hard blows. Trying to yoke it with two responsibilities means it's not doing either optimally. | |
Aug 8, 2017 at 23:01 | comment | added | coagmano | I think this is the best answer for why an emergency fund shouldn't be in an investment vehicle, even a fairly liquid one like stocks | |
Aug 8, 2017 at 9:32 | history | answered | Harper - Reinstate Monica | CC BY-SA 3.0 |