Should you invest your emergency fund? With enough extra money, yes - Business Insider

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It's usually recommended that an emergency fund hold three to six months of living expenses, but I had considerably more saved

is less stable than a full-time job, I don't have kids or own property, and I work remotely, so it would be easy for me to live off very little if I needed to.

That probably sounds like a lot for folks with savings accounts at national banks, where you typically earn pennies — maybe a few dollars — in interest each year. However, it's not so much when you consider that the inflation rate in 2019 has hovered at around 2%, and the historical average stock market return is 10%.Of course, investing my money doesn't mean I'm going to get 10% returns.

"You might be stuck selling your investments at a loss," Marquit told me. "However, if you have the stomach for it, it's possible to see a silver lining." That silver lining is a potentialThat's what happened to her when she had to sell off a small number of shares when groundwater got into her basement and did some expensive damage. "I had to sell at a loss but then was able to deduct that loss on my taxes," she explained.

I was most worried about the risk. I knew that I wanted to have easy and quick access to at least a portion of my emergency fund, and I didn't want to invest the rest in anything too risky or complicated.

 

از نظر شما متشکرم. نظر شما پس از بررسی منتشر خواهد شد.

I hope there’s addl reinforcement in that hood framing

The Waz off-road car is cool

این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:

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