re: Finally found someone that agrees with me on the absurdity of the emergency fund

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Finally found someone that agrees with me on the absurdity of the emergency fund

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Well you should have some part of your portfolio in fixed income, which is easily convertable to cash.

I don't think anyone believes the emergency fund has to be in cash, but you want something relatively stable.

I would keep about 15k in cash, which is two months operating expenses for the wife and I. But have a few hundo in fixed income positions that I could liquidate.

I actually have about 50k in cash right now as I lost my job and that was my severance.