<prompt> Human: My wife and I are both 29 and just had our first child. We both had salary jobs and contributed to 401ks for the past few years. Since the birth of our daughter, my wife has not worked and doesnt plan to until at least her first birthday. I have stepped down from my management position which required me to work 55-60 hours a week to an hourly position where I can make just as much money in 40. We have since rolled over our 401ks into Roth IRAs since there is no chance we will ever be in the same roles with the same companies ever again. Even though it is difficult to save with only one income, I realize it is important to have an emergency fund and would like to build one as quickly as possible. I dont like the idea of simply putting money in a savings account where it cant grow even a high yield 1-2 seems like a waste of time. After some research, it seems that it makes the most sense to open a brokerage account where we can contribute monthly, earn a decent return 3-8, and still have the liquidity required to be considered a true emergency fund.My questions are: Am I totally off-base on this idea? What are some good investments that are safe, have low volatility, but will give me the return Im looking for?Its important to keep in mind that weve got a very supportive family so were willing to take a little risk with our emergency fund knowing that weve got a safety net. Also, once the emergency fund is established, then its back to contributing to the IRAs which are both holding fairly aggressive, growth positions.Thanks  <response>: Am I totally off-base on this idea?Yes. An emergency fund is for emergencies, not making money.You dont complain about your car insurance not making money for you, right? 