And please make sure some (most?) of your emergency fund is somewhat cash-equivalent. Stocks, bitcoin, gold, life insurance and other investments might be hard/

And please make sure some (most?) of your emergency fund is somewhat cash-equivalent. Stocks, bitcoin, gold, life insurance and other investments might be hard/slow to access or only with a significant hit on total value. I'm not talking about physical cash, just the ability to access or transfer a large enough sum in say a day to pay for whatever emergency needs funding. Which is kind of obvious, but I had to stop myself from investing too much or even all of my nest egg multiple times. If it pays a dividend it's likely not an emergency fund.