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The point is that even pulling out at the worst possible time is still better than having never been in it.
by gowld 7y ago
The point is that even pulling out at the worst possible time is still better than having never been in it.
- UncleOxidant 7y agoAgain: This is my emergency fund. This is my "the shit has hit the fan and it's all gone to hell" (like with a global pandemic, for example) fund. I'm not gonna gamble with the emergency fund. You may. I do not. We have no idea how bad this could get. As I mentioned above, I have other money that I do invest in the market, but I keep a year's worth of expenses in cash (edit: and some in iBonds, but most of that was put in years ago when the yields were higher.)
- p1esk 7y agoThat point is absurd. You can easily lose everything you invested.