Re: Question About Emergency Fund
I would first have to ask, do you a fully funded IRA and a 401k that you're contributing to?
Beyond that, I would still say keep your EF in a MMA. If you do put it into mutual funds and the market tanks, your EF would then be in the same boat as the rest of the money you would "tap" (ie. sell off a fund here or there). Granted it would have to be a really bad market to lose a major part of 100K, but it can happen and it can happen when you need the money the most.
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The easiest thing of all is to deceive one's self; for what a man wishes, he generally believes to be true.
- Demosthenes
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