When people think about investing, they usually focus on things like picking the right stocks or finding good opportunities to grow their money. But Alvin Ubaldo , a trusted financial advisor, says there’s something even more important to take care of first—having an emergency fund. What’s an Emergency Fund? An emergency fund is money you set aside for those unexpected moments in life when things don’t go as planned. It’s like a safety net for your finances. Maybe your car breaks down, or you lose your job, or you have a surprise medical bill. That’s when an emergency fund can really help. Why Does Alvin Say It’s So Important? Alvin often sees people start investing without having this safety net. The problem? If an emergency happens, they might have to sell their investments quickly—maybe even when the market is down—which means losing money. Having an emergency fund enables you to preserve your investments in the event that life takes a surprising turn. Your investment remains in pla...
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