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Old 01-13-2007, 11:29 AM
usnavy_233 usnavy_233 is offline
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Default Re: Using a mutual fund for an emergency fund

Quote:
Originally Posted by Sweepsplayer
If you plan on holding the mutual funds for 5-10 years and are willing to take substantial losses, that's fine. But then we're not really talking about an emergency fund. So I think this is an issue of semantics.
Perhaps you're right. It's not so much an "emergency fund" in the traditional sense. It's more a fund that I could use for an emergency if needed.
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