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Author Question: Financial advisors often advise having 4-6 months of income in "near cash" for rainy day funds. ... (Read 111 times)

SGallaher96

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Financial advisors often advise having 4-6 months of income in "near cash" for rainy day funds. Which of these investments do not provide the necessary liquidity to meet this need?


◦ Bank money market fund
◦ Stock market listed money market fund
◦ High dividend paying blue chip stock
◦ Stock market listed money market fund and High dividend paying blue chip stock do not provide the necessary liquidity


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Marked as best answer by SGallaher96 on Apr 13, 2019

mceravolo

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SGallaher96

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Reply 2 on: Apr 13, 2019
YES! Correct, THANKS for helping me on my review


smrtceo

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Reply 3 on: Yesterday
Gracias!

 

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