How Investing Can Boost Your Emergency Savings

One of the biggest reasons to consider adding investments to an emergency savings strategy is the better potential for yield. A high-yield savings account might provide right around 2% APY (depending on conditions, it might be more or less), but with investments, there’s a potential for higher returns. If you follow expert advice and have about six months’ worth of expenses in your emergency fund, that’s a large chunk of money that is likely earning a rather low rate of return.