Mickey: By definition, you really don't want to maximize or flex very much your emergency fund. The reason you have an emergency fund in the first place is so that when financial markets move against you, you have some place to go that's safe. Andy: Should we max these out using index funds that mirror the S&P 500 and Western European Pacific Rim Develop Nations? Mickey: I would not let the slight difference in fees guide your asset allocation decisions.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode