More times than I would like, the saying ‘putting the cart before the horse’ is used in our industry. Many people are focused solely on investment returns and performance when they don’t even have an emergency fund, or any type of savings established. Worst of all, people with that emergency fund sometimes get the itch to invest that because they feel they’re ‘missing out’. DO NOT DO THAT. It’s called an emergency fund for a reason. When that emergency does happen, you’ll be happy you had it ready and liquid. I talked about this topic in Episode 70 of the Mullooly Asset Show.