re: Roth IRA vs Traditional Savings Account

quote:

---

That's how I took it, hence my somewhat smartass of a reply. To me, it would just be silly to use a Roth as an emergency fund, for something as simple as vehicle repairs. I am sure there are other factors in which it would make sense, but the OP specifically used vehicle repairs as an example.

---

Agreed. Not even factoring in the opportunity cost of removing that money from the market.

I understand some people don't like the idea of having any of their money just sitting in a low interest account, but speaking from experience of having to use my emergency fund for some real emergencies, I was very glad I had it where I did.