chapotraphouse

brokerage go up and down. meanwhile, HYSAs are around 5% and if the deposit is big enough, there are CDs even with near zero penalty for early withdrawal. it's not recommended to keep an emergency fund in any vehicle which can go down, because usually line go down comes with widespread job loss,.like in '07

the point of the fund at that level isn't replacing an unreliable car. those people drive nice cars with warranties and insurance. for someone pulling down $150k, needing a new car is barely a problem. the fund is for actual cataatrophe. generally, it's for losing a job and being able to float for 90+ days, stay current on all loans, and keep the family on COBRA and the same network while they decide how to shift benefits around and be somewhat selective about the next job, instead of having to take whatever comes.