re: Do you move your emergency fund around?

It really is the smart move if you do it right. The opportunity cost of having 6 months of expenses sitting in a savings account losing money to inflation are just too high.

Do not mix it with retirement assets (you can have other retirement assets in the account....just keep the emergency fund in its own fund).


Have it in a nice and conservative bond heavy fund (I use Vanguard's Wellesley Income).


And dollar cost average in, don't invest all 15000 at once.

There is a risk involved, in that you are hoping hard that it can sit undisturbed for at least 3-5 years, but once you pass that point you will pretty much never be in a position where you lost principal even if you need to withdraw at the worst of an epic market meltdown.