Where to Turn for Emergency Cash, Part II
More ideas on where to go in times of financial crisis.
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.
Christine Benz does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.