You also don’t want to invest your emergency fund, which is savings to cover three to six months’ worth of expenses and unexpected costs, in a brokerage account because it’s not easy to access money if you need it quickly.
You also don’t want to invest your emergency fund, which is savings to cover three to six months’ worth of expenses and unexpected costs, in a brokerage account because it’s not easy to access money if you need it quickly. Plus, if you need that cash when the market is facing a downturn, you might end up losing money when you’re forced to sell low.