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People in the News

Wednesday, September 17, 2025

People in the News

Wednesday, September 17, 2025

Do you have an emergency savings strategy?

financesAre you brave enough to hold your emergency savings in an investment portfolio of stocks and bonds? While some studies suggest it can be a better deal for your finances, plenty of financial planners — and their clients — say it’s a no-go.

Ironically, with interest rates at rock-bottom lows, some might argue it takes more courage to stash savings in a bank account that’s losing money to inflation than to invest it in the volatile stock market.

One recent study found that investing emergency savings in a portfolio of 60% stocks and 40% bonds rather than in cash led to a better outcome — more money at retirement — even after financial shocks like a job loss.

“The traditional recommendation of a cash-only reserve emergency fund strategy is likely to reduce wealth over a lifetime,” the study’s authors said. Read the full study in the Journal of Financial Planning.

To read the rest of MarketWatch’s Andrea Coombes story visit here.