I agree that interest rates are awful, but I still wouldn't recommend investing emergency fund money into stocks. (money.stackexchange.com)
It is not a question about if you should spend emergency fund money to fix a car when you have no other money set aside. (money.stackexchange.com)
Other than in terms of cash - type emergency funds (my general policy is to have enough cash to get home, however far from there I might be) I consider available credit + assets that can be liquidated reasonably quickly to count as emergency fund money. (money.stackexchange.com)