Not exact matches
The bonds are secure and
liquid, making them ideal to hold in the event of
emergency funding needs.
But, everyone should have some
liquid money in savings for their
emergency fund.
An
emergency fund should ideally be
liquid, meaning you can access the money quickly if you need to.
Store your
emergency fund in a safe (won't lose value) and
liquid (can quickly access the money as needed) account.
Because an
emergency fund is supposed to be easily accessible and
liquid, the recommended vehicle for it is usually a savings account.
Some of your savings should be
liquid, but the portions of your savings that you don't need for an
emergency fund can be tied up in less
liquid and riskier investments.
And I want to diversify the
Emergency fund also like, Some amount is in FD, Swipein Account &
Liquid funds.
You may opt for
Liquid mutual
funds to park your
emergency fund.
Emergency funds are
liquid funds you can use right now.
Having a
liquid emergency fund allows you to quickly stabilize the situation and gives you walking around money for those times where the banking system becomes your enemy for a time.
Having a low debt and a
liquid emergency fund stops the avalanche in its tracks.
That being said, my personal reasons for having a
liquid emergency fund revolve around bank errors and identify theft.
My
emergency Roth concept is not to treat your retirement account like an
emergency fund, but rather, if one's 401 (k) is enough, and they wouldn't otherwise use Roth, putting
liquid emergency money into a Roth is a no risk option.
RRSPs can double as
emergency funds if necessary: they're friendlier and more
liquid than you may think: you can open one this week and collapse it the next if you really need the money.
I think this is the best answer for why an
emergency fund shouldn't be in an investment vehicle, even a fairly
liquid one like stocks
Think of a
liquid emergency fund as «properly maintained equipment».
Put the immediate expenses and provisions for
emergency in
liquid mutual
funds.
Your
emergency fund should be in a
liquid, safe, easily accessible account.
The whole point of an
emergency fund is to be accessible and
liquid so you can get the money quickly when you need it.
Emergency fund money should preferably go in a savings account where it can stay as
liquid cash.
If you're investing in CDs, it's important to keep some
liquid funds tucked in somewhere so your time deposit doesn't get compromised in times of an
emergency.
We have a healthy
emergency fund, a rainy day cash buffer, sufficient insurance coverage, and other
liquid investments at our fingertips if we need cash.
An
emergency fund should be highly
liquid and risk free since you need it to be safe and accessible at any time.
However if you just want to have
liquid funds available in case of an
emergency, this may not be of concern to you.
1) Health insurance 2) Term Insurance: suggest me for what amt i have to take policy 3)
Emergency fund: for this i want to know about
Liquid MFs 4) Medium term investment: for house construction 5) Long term investment: for future purposes
Maintain a healthy
emergency reserve
fund: For those still working, maintain six to 12 months of expenses (12 to 24 months for retirees) in a safe,
liquid account.
When it comes to financial planning, one of the main considerations advisors plan for is the need for
liquid cash reserves, or what we refer to as your
emergency fund.
Emergency Fund: Cash + FD +
Liquid Fund.
i am having 1lacs as
emergency fund which is in saving account, should i go for debt /
liquid fund, if yes pls suggest some good
fund.
Dear Sudhakar, Do not have entire
Emergency fund in
liquid funds.
hi, we have some
emergency fund which we will used in a better way that's why we choose some
liquids mutual
fund as follow; * dsp - br liquidity
fund ip (g) * icici pru money market
fund (g) * hdfc
liquid fund g * axis
liquid fund g so in which
fund we go with them to invest contingency
fund which is around 1.1 lac so kindly do suggest to me asap..
After reading this article, I got this idea of doing SIP in a
liquid or ultra short term
fund for creation of
emergency fund.
Debt Scheme to Park money ICICI
Liquid Fund (Liquid)-- To park emergency Cash HDFC Treasury Retail Plan (Ultra Short term)-- Park Emergency Cash also some STP goes throgh here Reliance Monthly Income Plan — Some STP goes to Equity from this fund Quantum Liquid Fund — Invest year amount and STP to eq
Fund (
Liquid)-- To park
emergency Cash HDFC Treasury Retail Plan (Ultra Short term)-- Park Emergency Cash also some STP goes throgh here Reliance Monthly Income Plan — Some STP goes to Equity from this fund Quantum Liquid Fund — Invest year amount and STP
emergency Cash HDFC Treasury Retail Plan (Ultra Short term)-- Park
Emergency Cash also some STP goes throgh here Reliance Monthly Income Plan — Some STP goes to Equity from this fund Quantum Liquid Fund — Invest year amount and STP
Emergency Cash also some STP goes throgh here Reliance Monthly Income Plan — Some STP goes to Equity from this
fund Quantum Liquid Fund — Invest year amount and STP to eq
fund Quantum
Liquid Fund — Invest year amount and STP to eq
Fund — Invest year amount and STP to equity
Yes, it is advisable to save few lakhs in FDs +
Liquid / UltraShort - Term Debt
Funds to meet any unforeseen
emergencies.
Sir I hv FD of approximately 7 lacs in bank but I am seeking for good
liquid debt
fund in order to save tax, to withdraw whenever
emergency.
Your
emergency fund should be
liquid and easy to access.
I've been doing it that way because A) a savings account is
liquid and I've had to tap it as an
emergency fund before, B) I make deposits to it every month, and C) the account gets drained as soon as I can afford the next item on the list (usually only 9 - 12 months).
If this is doubling as your
emergency fund then no, keep it
liquid.
Yes, having a nice
emergency fund of
liquid cash is essential to making sure that you would be okay should something happen.
My previous home just sold so now I have the money to pay the loan back (and still have plenty of
liquid funds for
emergency funds, and savings etc).
These
funds are useful as highly
liquid, cash
emergency, short - term investment vehicles.
This is why Tresidder and other experts recommend keeping three to six months of cash in a
liquid, easy - to - access
emergency fund.
The money that you truly need access to at all times and that you really can't afford to put at any risk — say, a cash reserve for
emergencies and unexpected expenses, cash to pay a year - to - two's worth of retirement expenses beyond what Social Security and any pensions would cover — would go into the most secure and most
liquid investments, by which I mean an FDIC - insured savings account or money - market account and / or a highly secure investments like a money - market
fund.
Everyone should have a
liquid emergency fund in the event of unpredictable circumstances.
MMF's have always made me a little nervous so we've stuck to MMA's, though now the bulk of our
emergency fund is a
liquid CD (higher rate than an MMA, easy to make deposits, one withdrawal per week without penalty).
I currently have no liabilities, EMI or loans and my
emergency funds via
liquid funds & sweep savings accounts (6 months salary) and insurance (term plan) are in place.
For ex — A
liquid fund (type of a debt
fund) is suitable for my
Emergency fund purposes.
Some homeowners view their house as an
emergency fund, and while it's true that they can use their home equity when an
emergency strikes, a house isn't a
liquid asset.
These are my
emergency funds, so they need to be accessible,
liquid, and safe.
We don't have an
emergency fund, but we do have an
emergency plan and we have
liquid savings.