In this edition of The Motley Fool's "Ask a Fool" series, Motley Fool One analyst Jason Moser takes a question from a reader who asks: "Where would a Fool keep emergency money in a time of low interest rates?" Jason talks about how investors need to view investment dollars and emergency dollars separately. An investor's priority with emergency funds is not yield; it's protection. The "yield" in this case is peace of mind knowing that your emergency funds are there when you need them.
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Report this Comment On January 20, 2014, at 12:20 PM, chopsueycp wrote:
Hey Jason,
@carl_p here. What do you recommend as a good emergency fund amount to keep in minimal-yield cash? We currently have 9 months of expenses in an ING account making 0.75%, but I feel that is a bit conservative. What are your thoughts?
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