Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Emergency fund if you have a "safe" job"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]Money in your regular investment account is your emergency fund. You don't say how long it took you to save up the $34k, but if you had invested $1000 a month the last three years into VOO, you'd have ca $45k now. When you lose a job, you pay very little tax on investments alone. Your expenses are high. What is the reason you can't go $4k a month if needed? Be ready to sell the car, rent a studio as emergency plan, get a side hustle. Safe job, money in investments, ability to go low expense and ready to get a side hustle, should let you sleep like a baby.[/quote] You must be young. People in 2008 lost 70% of their investment wealth, and then lost their jobs. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
