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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Friday, 8 April 2011

UnEmployment Fund?

Just For Thinking ...

Read? Why would you need your emergency fund to invest?

I will call it UnEmployment Fund to clearly state its purpose; since in Singapore we don't have UnEmployment Benefits. We have to rely on our savings set aside for this purpose. If we call it Emergency Fund, it may be abused e.g. someone making his girl-friend pregnant and it may become an emergency situation for him and so he need to tap into this "Emergency Fund" to solve his immediate problem. But, if we term it as UnEmployment Fund, then obviously it can't be used for such purpose. LOL!
Posted by Createwealth8888 at 11:33
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