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2810 Fieldstream Drive North

Wilson, NC 27896

 

Phone: 252-237-4357

Fax: 252-243-2681

 

March/April 2025

Where to Put Your Emergency Fund

Where to Put Your Emergency Fund

Like everything else, the costs of emergency repairs are increasing, so having enough money available when those surprises happen is important. Some alternative options that may pay more for liquid savings are:

  • High-yield bank savings accounts

  • Money market bank or mutual fund accounts*


Each has advantages and disadvantages you should discuss with your financial professional before investing.


Protect Your Money
When considering any alternatives, find out if the account or fund is backed by the Federal Deposit Insurance Corporation (FDIC) or covered by the Securities Investor Protection Corporation (SIPC). Both FDIC and SIPC insurance have limits but are crucial in safeguarding your investment.


*Investors should read the prospectus and consider the investment objectives, risks, charges, and expenses of the fund before investing. Because mutual fund values fluctuate, redeemed shares may be worth more or less than their investment. Past performance won't guarantee future results.


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Active Planning & Investment Solutions and LTM Client Marketing are unrelated companies. This newsletter was created by LTM Client Marketing and was not written or created by the named financial professional and does not necessarily represent the views and opinions of Avantax Wealth Management® or its subsidiaries.
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