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re: Emergency Fund

Posted on 2/26/10 at 1:25 pm to
Posted by jmtigers
1826.71 miles from USC
Member since Sep 2003
4973 posts
Posted on 2/26/10 at 1:25 pm to
quote:

False!


Ok ... so please explain how you would invest an emergency fund
Posted by Dusty Bottoms
Guadalajara
Member since Nov 2006
931 posts
Posted on 2/26/10 at 3:26 pm to
quote:

Ok ... so please explain how you would invest an emergency fund


My emergency fund is a part of my taxable, liquid index fund portfolio. It's all about scale. Young professionals would probably be best served placing their EF in a safe savings vehicle. More established professionals with greater resources can take on more risk. For example, I could (and have) absorb a serious market crash while still maintaining a comfortable EF stash.
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