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
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)