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A comment on The Impact of Index Investing: A Follow-Up. Parent comment

Re:The Impact of Index Investing: A Follow-Up by ihsw on Wednesday May 04, 2016 @12:03PM (#11629277)
Many treat credit cards as their liquid emergency fund.

Unexpected expense? Dig yourself deeper and push your credit closer to its limit.

Personally I think that is the intention of credit cards -- emergency liquidity -- and that nobody should carry credit card debt to the next month.

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Re:The Impact of Index Investing: A Follow-Up by ryangittins on Wednesday May 04, 2016 @12:41PM (#11629575)
This is absolutely a valid use for credit cards if you're careful and disciplined, but it can only stretch you for a maximum of one month before you've got to start making payments. What about when you're out of a job for six months? You've gotta have an emergency fund.
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