<prompt> Human: Say that I lose my job during a market recession and Im no longer able to invest. I miss out on the returns from buying at bargain prices since Im unable to invest every month a certain sum of my income. wouldnt it be wise to have an investing emergency fund on top of your regular emergency fund so that Id be able to continue investing at the same amount monthly as I did when I was employed?  <response>: I would vote no, as essentially that would mean youd have to keep huge amounts of money in cash during the good times just in case you ever get fired and cant get a good job soon and this also happens during a stock market downturn so youd like to buy stocks. You would lose out on years and years of good returns just for this potential event.Of course, having a general emergency fund to cover health care costs or the bills during a period of unemployment: yes, definitely. Having some money in cash in case of financial emergencies is good. 