tag:blogger.com,1999:blog-4759468628055368786.post2032955278667817359..comments2023-10-20T07:35:48.232-06:00Comments on Investing Pursuits: One Thing You Can Be Sure Of In LIfeInvesting Pursuitshttp://www.blogger.com/profile/01851866027370474576noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-4759468628055368786.post-30533884045879548322017-05-11T16:41:54.904-06:002017-05-11T16:41:54.904-06:00Duncan's Dividends,
Emergency funds defin...Duncan's Dividends, <br /><br /> Emergency funds definitely are important. For me, I had some in high interest savings account and some in Tax Free Savings account. The interest rate is under 1%, which is not important since the main reason to have an emergency fund is for "insurance"Investing Pursuitshttps://www.blogger.com/profile/07276747402458953430noreply@blogger.comtag:blogger.com,1999:blog-4759468628055368786.post-53046750133197058372017-05-08T12:32:01.600-06:002017-05-08T12:32:01.600-06:00Emergency funds are entirely a necessity and one t...Emergency funds are entirely a necessity and one that people often overlook. I have about six months worth of emergency funds, but I keep 25% of it locked in a CD so that I can't access it unless I absolutely have to. It's a great way for me to protect myself, from myself. I have the will not to spend it, but it's better that the alternative of me investing in the market and then having that emergency pop up when I don't have the cash.Duncan's Dividendshttps://www.blogger.com/profile/09459824700149392365noreply@blogger.comtag:blogger.com,1999:blog-4759468628055368786.post-74414084822226688492017-05-08T07:11:04.525-06:002017-05-08T07:11:04.525-06:00Completely agree that an emergency fund should be ...Completely agree that an emergency fund should be looked at as insurance and not an investment. Well said.<br /><br />I thought the one thing we could be sure of in life is that we all will die. :) Morbid, but perhaps that's why we should consider more carefully what the true purpose of life is! Thanks for the article!Passive Income Dudehttps://www.blogger.com/profile/13698511310449851311noreply@blogger.comtag:blogger.com,1999:blog-4759468628055368786.post-9753181069847909482017-05-07T23:36:36.685-06:002017-05-07T23:36:36.685-06:00If needed, I have been taking money out of my marg...If needed, I have been taking money out of my margin account that equates to a percentage of the combined income received in TFSA and margin account for that month. I try my best to avoid this happening such as selling options and try to keep my expenses relativity low. <br /><br />I did not take money out of savings for in a while. Investing Pursuitshttps://www.blogger.com/profile/07276747402458953430noreply@blogger.comtag:blogger.com,1999:blog-4759468628055368786.post-66632840881358644622017-05-07T23:34:46.515-06:002017-05-07T23:34:46.515-06:00This comment has been removed by the author.Investing Pursuitshttps://www.blogger.com/profile/07276747402458953430noreply@blogger.comtag:blogger.com,1999:blog-4759468628055368786.post-41627171245382851272017-05-07T23:17:20.063-06:002017-05-07T23:17:20.063-06:00A previous job I had was fulltime, but the entire ...A previous job I had was fulltime, but the entire staff was not guaranteed our hours. One time we had very little work for 3 weeks and we were called everyday to be told there was work or not. That made me start one. Investing Pursuitshttps://www.blogger.com/profile/07276747402458953430noreply@blogger.comtag:blogger.com,1999:blog-4759468628055368786.post-81727805951088260732017-05-07T21:45:18.515-06:002017-05-07T21:45:18.515-06:00My brother overspends makes double what I make and...My brother overspends makes double what I make and still asks me for money ($2k this time). He just always think my parents and I can bail him out but maybe we are enabling him. I gotta stop being so nice. I always have some money handy. I don't have an emergency fund per say. I plan accordingly to the expenses I have and save enough to pay them off. I can always withdraw from my investment accounts if I need bigger amounts... or use line of credit. PChttps://www.blogger.com/profile/04771203452787713270noreply@blogger.comtag:blogger.com,1999:blog-4759468628055368786.post-8785617345577874962017-05-07T17:49:22.810-06:002017-05-07T17:49:22.810-06:00Emergency fund is such an important thing to have,...Emergency fund is such an important thing to have, I do have one and like to keep a few months as an "insurance". CheersBuy, Hold Longhttp://www.buyholdlong.com/dividend-blog-feed/noreply@blogger.com