Saving & Investing


Why you need an emergency fund

March 05, 2014

Have cash on hand to meet immediate expenses

You may not know when you'll need it but you'll be glad you have it: Cash reserves on hand to meet short-term needs. Chuck Riley from Vanguard Advice Services™ and Mary Ryan of Vanguard Asset Management Services™ explain one of the few times when investing isn't necessarily an investment.

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Important information

  • All investing is subject to risk, including the possible loss of the money you invest.
  • An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although a money market fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in such a fund.
  • Vanguard Asset Management Services are provided by Vanguard National Trust Company, which is a federally chartered, limited-purpose trust company operated under the supervision of the Office of the Comptroller of the Currency.
  • Advice services are provided by Vanguard Advisers, Inc., a registered investment advisor.
  • This webcast is for educational purposes only. We recommend that you consult a financial or tax advisor about your individual situation.