Thread: emergency fund?
View Single Post
  #21 (permalink)  
Old 04-18-2008, 04:27 AM
jIM_Ohio's Avatar
jIM_Ohio jIM_Ohio is offline
$ Saving College Senior
 
Join Date: Feb 2007
Location: Milford, OH
Posts: 2,346

Points: 12087.63
Donate
Default

Quote:
Originally Posted by Fizgig View Post
I feel most comfortable with 6 months of expenses in the bank. It makes sense to keep some of that in investments, but I feel better having it liquid so that I wouldn't have to sell off stocks. It's one of those things where the mathematically correct answer doesn't sync up with piece of mind, but that's okay. I keep it in a higher interest online bank.
Moderate does not mean stocks (to me). Bonds or other stable value investments are available.
__________________
Light travels faster than sound. That is why some people appear bright until you hear them speak.

One person's stupidity is another person's job security.
Reply With Quote