Now that the market has been good for us, have we been too complacent? Did u set aside/use up your emergency funds? Do you even have it in e first place? You OUGHT TO.
Emergency funds are meant to improve financial security for it acts as a buffer and can be used in times of crisis such as illness, loss of job or a major expense. This fund should ideally be at least 6 months of your current salary, depending on each individual's risk tolerance. For those on the conservative side, the funds may be more.
Are you in the Insurance Business?
A whole NEW way to PROSPECTING! (See 13th Jun 07 Post). Email Jason at soundinvesting@hotmail or call Mr Goh @ 6250-8180 for more details
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