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Originally Posted by usnavy_233
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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Until I got to this post, I was going to vote no along with the others. Once you said this, however, I changed my mind. As long as you recognize that these funds don't constitute a true emergency fund, I think you are probably fine. I have 3 mutual fund accounts that are not in retirement accounts. My total investment in the 3 is about $145,000 right now. I don't consider that my EF at all, but if it ever became necessary, that's a big chunk of money that I could live on for a couple of years if I needed to.