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May 6, 2021
8:28
:19
am
Pimpin4Paradise
Truly Addicted User
Emergency funds aren’t for making you money. They’re for hedging against the unforeseen and preventing it from
wrecking your financial picture. The lack of returns on that money is a necessary cost. I wouldn’t be looking at investing it.
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Pimpin4Paradise
Previous username
ChubbyChaser
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Pimpin4Paradise
Joined
May 2, 2008
Last login
Nov 12, 2022
Total posts
56,121 (5,737 FO)
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Messages
Author
Time
Have six months of expenses sitting in savings accounts making next to nothing..
CoogsCoogs85
5/6/21 8:08am
Dump all of it into Safemoon. Your wife will understand.
4th and Niner
5/6/21 8:09am
RE: Have six months of expenses sitting in savings accounts making next to
Sparkling Delirium
5/6/21 8:15am
Don’t invest something that you are not willing to lose.
JohnnyC
5/6/21 8:15am
This is very risk adverse advise. I don't agree, unless you're only talking
fbguru
5/6/21 8:26am
Technically if your emergency fund is in an account that could lose value with
kotacoug
5/6/21 8:45am
I made an exception for emergency fund money. 6 months expenses is a larger
fbguru
5/6/21 8:58am
Why? That’s really what an emergency fund should be for. More than a slush
kotacoug
5/6/21 9:01am
And that money can be in an index fund, not a savings account.
fbguru
5/6/21 10:26am
All in on Willie Coin!
EQD2
5/6/21 8:27am
Emergency funds aren’t for making you money. They’re for hedging against the unforeseen and preventing it from
Pimpin4Paradise
5/6/21 8:28am
I can't think of many emergencies that you would need access to that money
Sparkling Delirium
5/6/21 10:43am
Agree with your 1st post. Not this one. Too many assumptions. Age & experience?
grandpacoug
5/6/21 10:48am
38. Small business owner.
Sparkling Delirium
5/6/21 11:12am
Inflation sky rockets, economy tanks, markets
kotacoug
5/6/21 11:11am
RE: Inflation sky rockets, economy tanks, markets
Sparkling Delirium
5/6/21 11:15am
Under your bed earns almost the same thing, zero- & Is always available. No risk
grandpacoug
5/6/21 8:36am
Boardname checks out
Pimpin4Paradise
5/6/21 8:46am
Several months ago, I put some of my emergency fund into VTIP
Doctor Rosenrosen
5/6/21 8:44am
How does that differ from other index funds?
kotacoug
5/6/21 8:48am
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