Your emergency fund should always be invested in illiquid assets.

Name: Your emergency fund should always be invested in illiquid assets.
Brand: Quizplus
Rating: 4.8 (50 reviews)

Question

Quizplus · Accepted Answer

Your emergency fund should be invested in liquid assets like savings accounts, money market accounts or certificates of deposit (CDs) because you need quick access to funds during an emergency. Illiquid assets like real estate or stocks can take a long time to sell and therefore are not suitable for an emergency fund.

Your Emergency Fund Should Always Be Invested in Illiquid Assets