The interest rate on cash is pathetic. And, when you factor inflation into the mix you’re probably going backwards…
But holding a cash emergency fund in your financial war chest is key to your peace of mind. It’s also a solid tool you can use so you’re never forced to sell investments at a time that isn’t right, that helps you to avoid having to accept investment losses on your portfolio.
In this session I cover what makes a good emergency fund, how to understand what makes a good emergency fund, and how to figure out how to set up your emergency fund in the right way to deliver financial security.
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