Where should I put my emergency fund? (e.g. savings account, TD, SDA)

Tags: emergency fund

4 Responses to “Where should I put my emergency fund? (e.g. savings account, TD, SDA)”

1. Fitz says:

   March 12, 2012 at 7:11 pm

   Put your emergency fund in near-cash investments. Personally, I put 3 months worth in a simple savings account, and the other 3 months in a 90-day time deposit.

   If you are able to manage to save 12 months worth as emergency fund, I’d put the last 6 month worth in a conservative UITF

2. MondC says:

   March 21, 2012 at 4:51 pm

   Thank you Sir Fitz.

3. Bags says:

   February 3, 2013 at 8:22 pm

   Good advise as I am asking the same question myself. Thanks.

4. MC says:

   November 23, 2017 at 2:46 am

   Hi Fitz! Is it safe to keep your emergency fund on a Money Market Fund?