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Originally Posted by Haku
Let's say you have 10k saved up as your emergency fund. What do you do with this money? Just let it sit in a high interest online bank? Or do you have it split or laddered somehow with bonds or CDs? What would you do to get the most out of it while still maintain its ability to protect you in case of an emergency?
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an emergency fund is something that is accessible in times of need. hence it needs to be liquid.
if it isn't, by definition it isn't an emergency fund is it??
i currently have 1 yrs living expenses in CASH.