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Pillar of the Community
Ed_B's Avatar
United States
4008 Posts
 Posted 11/17/2011  8:15 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
An emergency fund should be in a very low risk investment not one of the most volatile.

Indeed. But that will depend upon the exact nature of the emergency and we will not know that before we get there. Some folks see holding FRNs as a lot riskier than holding PMs. They have some valid points in that position. Fortunately, one does not need to approach the solutions to such potential problems in an "all or nothing" manner. A healthy mix of various things is likely to cover more possibilities than just holding PMs or just holding FRNs.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 11/17/2011  8:41 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
One common tater says when the six-day debate ends, stocks should tank and PM rise.
Valued Member
United States
306 Posts
 Posted 11/17/2011  8:47 pm  Show Profile   Bookmark this reply Add VetStudent to your friends list Get a Link to this Reply
Beautiful choice!
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