Comments on: Should you Treat your Emergency Fund as an Investment?

By: Top 10 Fiscal Geek Posts from 2009

Top 10 Fiscal Geek Posts from 2009 — Thu, 31 Dec 2009 04:09:42 +0000

[...] Should you Treat your Emergency Fund as an Investment? – 21 comments [...]

By: Writing a Will

Writing a Will — Sun, 08 Nov 2009 16:38:08 +0000

I worked in banks for a long time and I have seen this type of advice given over and over again. Customers often asked me what I thought and I used to give them my honest response which was based on what I would do in their situation.

I really think that the first priority is to keep plenty of cash as an emergency fund. Sure, you can invest the rest, but keep that emergency fund even if interest rates are low.

You never know what life night throw at you and it’s sensible to be able to lay your hands on some fast cash if you need to do so.
Writing a Will´s last undefined ..If you register your site for free at

By: J.A.

J.A. — Sun, 08 Nov 2009 00:41:16 +0000

Thanks for your post on how to invest. I do agree that “emergency money” should be easily available on the spot when it’s truly needed.

I think it’s a bit impractical to invest up to $30,000 as an “emergency fund”. If this money can’t be used right away, then you are stuck without it.

By: Personal Finance Doesn't Absolve Personal Responsibility

Personal Finance Doesn't Absolve Personal Responsibility — Wed, 28 Oct 2009 11:49:23 +0000

[...] with your own knowledge and experiences. So when the financial planner recommends that you put your emergency fund in a Short Term Bond use some of your base knowledge that you’ve hopefully learned here and through your own [...]

By: The Carnival of Personal Finance #228: Halloween 2009 Edition | Money Crashers

Mon, 26 Oct 2009 11:34:59 +0000

[...] Paul from FiscalGeek asks if You Should Treat your Emergency Fund as an Investment [...]

By: My New Staff Writer Position at Bible Money Matters and Weekly Round Up | One Money Design

Fri, 23 Oct 2009 12:18:39 +0000

[...] Should you treat your emergency fund as an investment @ Fiscal Geek. My thoughts: an emergency fund is for an emergency and should be liquid. There is a good tip on investing it in a high yield savings account and keep some cash stashed away. [...]

By: Friday Links | The Canadian Finance Blog

Friday Links | The Canadian Finance Blog — Fri, 23 Oct 2009 09:04:48 +0000

[...] Fiscal Geek questions if you should you treat your emergency fund as an investment? [...]

By: Jason @ One Money Design

Jason @ One Money Design — Fri, 23 Oct 2009 02:38:02 +0000

Great advice here. I don’t think an emergency fund should be an investment. It should be readily available in case of an emergency. $1000 of cash on-hand, especially if you have a fully fund savings? Love it!
Jason @ One Money Design´s last blog ..Retirement Week: A Solution to the Retirement Crisis

By: rb

rb — Wed, 21 Oct 2009 21:52:13 +0000

I hope he took your advice. These financial planners are salesmen and this clearly is another case of why we need to avoid them. THey are not out to help us invest, but to skim off their take on our hard earned money.

By: Team @ Money Compare

Team @ Money Compare — Wed, 21 Oct 2009 01:12:57 +0000

Great post. Liquidity is so important. No point investing #30k and then not being able to access it in your hour of need.

@Kelly – I would even advise on installing a safe at home to store the cash in along with other goodies.
Team @ Money Compare´s last blog ..8 Ways the Internet Can Make You Richer