What is an Emergency Fund?
How much should I keep aside in an Emergency Fund?
Where should I invest my Emergency Fund?
In this new series of #TalksWithDaulat, we answer all your questions on this topic.
Emergencies do not come with a warning tag. Hence, it is always recommended to be well prepared for it when it comes. Most importantly, Emergency Funds should cover these two aspects:
a. Liquidity
b. Preservability of capital
DO NOT CHASE RETURNS OR INVEST IN THE HIGHEST-EARNING PRODUCTS.
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Varun Fatehpuria is the Founder & CEO of Daulat. Before starting this, he worked with some of the world's biggest investment institutions like Blackstone and Bloomberg in Hong Kong. This gave him a front-row seat on how these firms manage wealth/money for the wealthiest individuals. He plans to disperse this knowledge now and bring the benefits of wealth-creation to every Indian.
Varun graduated with distinction in Finance and Information Systems from the HKUST Business School at The Hong Kong University of Science and Technology. He is a NiSM-certified (Series X-A and X-B) Investment Adviser.
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