<prompt> Human: Hi PFers,Where do you guys keep your emergency fund? In a high yield savings account 1.35? Or in a brokerage account 6?I know emergency funds are suppose to be liquid, but knowing that Im losing so much to inflation, potential interest, and potential compound interest is very saddening. Regular Savings Account 0 - 2 Inflation -2 High Yield Savings Account 1.35 - 2 Inflation -0.65 Brokerage Account 6 Average - 2 Inflation 4Brokerage accounts are still pretty liquid, arent they? In an emergency, just sell ASAP and youll probably get your money deposited in 2-3 days.Is there anything wrong with keeping emergency fund in brokerage account instead?  <response>: That brokerage account could also be -20. If youre in an emergency can you afford to lose 20?An emergency fund is like your own insurance against disaster. Its not intended to earn money, its intended to save you from paying more via credit cards, etc.If youre having trouble stomaching that, consider a hybrid: something like:1 month in high yield savings2 months in no-penalty CDs Ally at 22 months in bond funds2 months in index fundsEmergency funds arent supposed to make money. 