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re: Investing Emergency Fund?

Posted on 1/3/17 at 1:25 pm to
Posted by baldona
Florida
Member since Feb 2016
21216 posts
Posted on 1/3/17 at 1:25 pm to
You can set a sell-stop order with any investments, and follow it up as your investment increases. I honestly don't know why more people don't do this, it is super easy. But it does require staying on top of it.

I understand that a sell-stop can still amount to a significant loss if the equity drops significantly, but that chances of that are extremely slim and worth it for the risk of your return IMO.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 1/3/17 at 1:30 pm to
quote:

You can set a sell-stop order with any investments,


Not any

quote:

I honestly don't know why more people don't do this, it is super easy.


Because a gap down could be painful for an emergency reserve.
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