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

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Because I never know when a financial emergency will hit, it will be impossible to wait to sell my investments at a profit

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 about 2% and that the historical average stock-market return is 10%.Of course, investing my money doesn't mean I'm going to get 10% returns.

To do this, you have to accept that you might end up selling your investments at a loss. This was the main point Marquit drove home, and as someone who's never been afraid of a little risk when there's potential for reward, I decided that investing some of the extra cash in my savings — about a third of it — was the right move for me.Marquit explained that she takes a tiered approach to her emergency savings.

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.

 

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