Now Is the Best Time to Use Your Emergency Funds

Most investment professionals would advice potential clients and investors to first set aside at least six months' worth of living expenses as an emergency fund before staking their hard-earned money to the uncertainties from investing. In every investment there is accompanied risk, and the emergency fund allow for us investors to still sleep soundly at night even if all our investments are not performing as planned.

credit to moneycrashers.com

Emergency fund really helps because it gives us some breathing room in case there are unfortunate circumstances that may come upon us. Even if we lose our major source of income, knowing we have set aside some money which we can readily pull off helps us to get back on track without significantly changing our way of living.

The Pretty Girl Seeking a Rich Husband

Let me share you a story we can all apply in investing:

A young and pretty lady posted this on a popular forum:
Title: What should I do to marry a rich guy?
I’m going to be honest of what I’m going to say here.
I’m 25 this year. I’m very pretty, have style and good taste. I wish to marry a guy with $500k annual salary or above.
You might say that I’m greedy, but an annual salary of $1M is considered only as middle class in New York.
My requirement is not high. Is there anyone in this forum who has an income of $500k annual salary? Are you all married?
I wanted to ask: what should I do to marry rich persons like you?
Among those I’ve dated, the richest is $250k annual income, and it seems that this is my upper limit.
If someone is going to move into high cost residential area on the west of New York City Garden(?), $250k annual income is not enough.
I’m here humbly to ask a few questions:
1) Where do most rich bachelors hang out? (Please list down the names and addresses of bars, restaurant, gym)
2) Which age group should I target?
3) Why most wives of the riches are only average-looking? I’ve met a few girls who don’t have looks and are not interesting, but they are able to marry rich guys.
4) How do you decide who can be your wife, and who can only be your girlfriend? (my target now is to get married)
Ms. Pretty

 A philosophical reply from the forum:

SM Shares Slide From Top-Up Placement

SM Investments Corp announced it raised $150 Million from a top-up equity placement. In its disclosure to PSE, the holding firm said it sold 7.25 million common shares at P900 each, representing a P6.4% discount from Thursday's closing price of P961.50.

Proceeds from the share sale would be used to refinance SM's existing obligations and for general corporate purposes. The transaction also boosted the company's free float and liquidity.

SM shares closed at P879 per share  Friday.