Well, when I consider my "portfolio", I include my emergency/rainy day fund. It resides in my conservative investment category. Looking at it that way, my EF not only earns interest, but it allows me to pursue an aggressive investment strategy elsewhere. The fact that he considers them separate makes no sense to me.
That and I prefer the adage, "Better to have it and not need it than to need it and not have it." or worse "need it and have to pay interest for it".
Last edited by Broken Arrow : 10-31-2007 at 07:36 PM.
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