LogFAQs > #951025592

In March 2020 unless you were in the worst possible stocks most stuff bounced back where you could reliably sell it at a small loss or break even within a week or two-- you are very unlikely to need all your emergency cash in that window, even if you did lose your job. Proper diversification will help a lot with damage control.

I mean sure if you break your leg, destroy your car, and the stock market all crashes in the same day you're going to have trouble. You'd have trouble if all that happened without 10% margin use too.

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