Hello,
Is it a bad idea to keep emergency funds in equities? Should it always be kept in a cash account?
After using all my savings on our new home which we built recently I have again six months living expenses saved as an emergency fund but unfortunately I have it sitting in an unused current account and I am thinking it might be good to hold as equities (I am a complete novice investor).
Thanks,
John
Is it a bad idea to keep emergency funds in equities? Should it always be kept in a cash account?
After using all my savings on our new home which we built recently I have again six months living expenses saved as an emergency fund but unfortunately I have it sitting in an unused current account and I am thinking it might be good to hold as equities (I am a complete novice investor).
Thanks,
John