Best time to Invest your Emergency Fund
There are times when investing your emergency fund works. Retired people who have spouse support who still works can aggressively invest their emergency fund. Withdrawals could be penalty and tax-free for them. The consumers can get high returns when they invest in low-risk emergency fund investment. If you are the type of person who is always tempted to withdraw the money from their savings account, can invest their emergency fund in a safe place and not able to withdraw them as and when they want. The only downside will be that you will not be able to withdraw the emergency fund invested before the maturity period without making a penalty.
Lloyd Blankfein, me, the owner of cnntopnews, have a business management degree. Have 3 years of articles write.