What happens when companies fail, emergency funds & investing while travelling [Investing Q&A]
Australian Finance Podcast
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Buckets of Financial Security
This chapter delves into the three-bucket savings strategy, highlighting the importance of an emergency fund, goal-based savings, and flexible cash reserves for maintaining financial stability. It discusses the implications of these savings strategies for both pre-retirees and retirees, emphasizing the need for a cash buffer and insurance options. Additionally, the chapter covers the complexities of financial management in industries like airlines, exploring the impact of company takeovers on investors and creditors.
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