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

March 10, 2012 | By Fitz | Filed in: Personal Finance.



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

  1. Fitz says:

    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:

    Thank you Sir Fitz.

  3. Bags says:

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

  4. MC says:

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

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