With the headlines screaming fresh news about job losses and ongoing housing-market woes, I guess I shouldn't have been surprised that my column about where to go for emergency cash prompted a large response from readers. Many of you wrote with comments and questions, and others pitched in with additional ideas that I hadn't covered in my article.
Because the topic of where to turn for emergency funds is a broad one, I'll use this article to address some of the points that I didn't cover last week.
The Right Investments for Your Emergency Fund
In my previous column, I noted that the best source of cash for unanticipated financial needs is your own emergency fund. That prompted several readers to ask where they should keep their cash.
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Christine Benz does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.