How risky is it to keep my emergency fund in stocks?

Most financial professionals do not recommend investing your emergency fund in the stock market because stocks are volatile. It would be unfortunate to have to sell an investment at a loss to access your emergency fund.

Where should I keep my emergency fund Dave Ramsey?

Where Should I Keep My Emergency Fund?

• A simple savings account connected to your checking account.
• A money market account that comes with a debit card or check-writing privileges.
• An online bank that pays a higher interest rate and where you can still transfer money quickly and directly to your checking account.

Apr 13, 2022