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URL:  http://boards.fool.com/maybe-the-point-has-been-covered-before-but-it-29985147.aspx

Subject:  Re: Invest extra cash? Date:  4/18/2012  3:56 PM
Author:  pauleckler Number:  70552 of 78166

Maybe the point has been covered before, but it seems to me $100K is a very large emergency fund. Needs vary, but I would think that $100K could be split into a tiered investment system--covering emergency needs but providing better returns with the rest of the money.

Yes, your short term emergency fund needs to be appropriately sized and available. But what expenses are anticipated?

1. A hospital stay usually gets sent to insurance company and Medicare first. You can have a month or so before the cash is needed.

2. Nursing home