Timothy Sumer

If liquidity is your main concern, you must maintain your emergency fund in cash. However, inflation can eat up your emergency fund, and you could keep a sizable portion of your emergency fund in bank FDs and liquid funds. You must avoid stocks and equity funds as they are volatile in the short run. Moreover, do not pick investments that have a lock-in period. Do not chase returns with your emergency fund. Focus on investments that protect your capital and offer decent returns. Download the BLACK app by ClearTax: To learn the 5 things to know before you invest, click here- To understand the best liquid funds in 2022, click here- To find out why you need an emergency fund, click here- Timestamps: 00:00 Introduction 00:40 How to build an emergency fund? 02:52 Should you invest your emergency fund in stocks? 04:51 Should you invest your emergency fund due to inflation? 06:58 Conclusion 💰 Subscribe to grow your wealth: Watch next – How Much of Your Salary Should Yo

In this video, I'll go over the importance of an emergency fund and how to leverage your Roth IRA as an emergency fund. ★ Recommended personal finance books The 4 Hour Workweek: The Simple Path to Wealth: Financial Freedom: Quit Like a Millionaire: I Will Teach You to Be Rich: The Total Money Makeover: ★ Music Outdoors - Tired ★ Offers Try Airbnb for $65 off your first booking: Try Rakuten and earn $10: ★ Contact Business email: moneybeecontact@gmail.com ★ Disclosure: I am not a financial advisor. The ideas presented in this video are for entertainment purposes only. Some of the links presented in this description are affiliate links, meaning that I may receive a small commission for any profits resulting from the links.... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/how-to-use-you

So how much do you need in an emergency fund in retirement? And if I said 12 months, would you be happy with a year’s worth of living expenses sitting in a money market account earning about 0.5%? Don’t get fooled by fancy upfront promotions from banks for 3 to 6 months unless you don’t mind hopping around banks, chasing promotions, and be mindful of the rules for obtaining those higher interest rates. Let’s find out if there are any options other than keeping 12 months in a low interest money market fund or chasing promotions from bank to bank. Watch the video till the end to learn how a retirement annuity can assist with determining how much to reserve in an emergency fund in retirement. Please Subscribe and Don't forget to press the bell, 🔔, like, comment and share. Stay safe and Love all. 😍😘 Table of Contents: 00:00 - Introduction 01:17 - Why an emergency fund is vital 02:17 - Emergency fund for long term care needs? 03:38 - What does Sequence