Your Emergency Fund is Stupid | Where to Invest My Emergency Fund
Running Time: 7 minutes
We don’t need some stupid Emergency Fund! Let’s just Spend, Spend, SPEND!!!!! Muahahaha…My name is John Ross with Finance on a Budget. In this video, we’ll talk about a not-so-common but equally effective way of taking advantage of stocks—using stocks as your emergency fund. Why keep your Emergency Fund in an Envelope at 0% interest, or a Savings account at 1% annual interest? Did you know you can “SAFELY” Invest in ETF’s, Mutual Funds, or Index funds and get a gradual growth of 3-6% yearly? This is a safe place for your money, which can be returned back in your hands within 3 days.