 TITLE: Should I Invest My Emergency Fund? CONTENT: Safer Places to Keep Your Emergency Fund\n----------------------------------------\nBecause it's hard to know when you might need the cash, safety and liquidity are typically the two top concerns with an emergency fund. Here are some places you can keep your emergency fund without worrying about losing money in the market:\n*   **High-yield savings account**: High-yield savings accounts function the same as traditional savings accounts but typically offer a much higher interest rate. This rate isn't enough to beat inflation, however, which means your money will lose some value over time in terms of buying power. But the safety and liquidity a savings account provides are tough to beat.\n*   **Money market account**: Money market accounts act as a sort of hybrid of a checking and savings account. They typically offer higher interest rates, which are usually on par or slightly better than high-yield savings account rates, but they also give you even easier access to your money via checks, a debit card or ATM withdrawals. But like high-yield savings accounts, the interest rates aren't going to wow you.\n*   **Certificates of deposit**: Called CDs for short, certificates of deposit can offer even higher interest rates than the other two options, but with a catch: You have to lock your money up for a set amount of time, which you'll choose before you open the account. The longer the maturity of the CD, the higher your rate will be. This can be a nice way to earn more money on your cash, but you may face penalties if you withdraw before your account matures. END