4 Reasons Investors Still Need an Emergency Fund
Many people cite staggeringly low interest rates as a reason to skip an emergency fund. Others cite the threat of continuous inflationary pressure. Regardless, it's still a good idea to keep a solid cash reserve on hand for a number of reasons.
Here, we'll look at four reasons investors need an emergency fund.
As of October 2021, the S&P 500 index is up a healthy 16% year-to-date. While it's certainly encouraging to know that we're far off the lows of the 2020 flash-recession, there is no guarantee whatsoever that this performance will continue into the future.
Source Fool.com
