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A comment on U.S. Stocks Rise After S&P 500’s Record Close. Parent comment

Re:U.S. Stocks Rise After S&P 500’s Record Close by asdff on Wednesday August 19, 2020 @03:03PM (#24214699)
A savings account shouldn't be your emergency fund to dip into. It should be a lockbox you don't touch, in which case buying the index regularly is a no brainer. If you need to dip into your savings, you need to be expanding your emergency fund before you can think about saving and investing.
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Re:U.S. Stocks Rise After S&P 500’s Record Close by ceejayoz on Wednesday August 19, 2020 @04:45PM (#24216172)
A long recession means exhaustion of emergency funds, which means dipping into savings. No matter how well-intentioned you start out, eventually money runs out and that savings/investment starts to look like the remaining option.

Having to do it when it's depleted by market crash sucks.

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