Portfolio diversification is beneficial for long-term investments but does not replace the need for cash in a high-yield savings account for immediate emergencies.

Authors

• Person: Gina Coletti Organization: Nixon Peabody Trust Company
  How to build and maintain an emergency fund

Sources

• How to build and maintain an emergency fund www.nixonpeabodytrustcompany.com Gina Coletti · Nixon Peabody Trust Company via serper

Referenced by nodes (1)

• high-yield savings account concept