Recession Led

Housing Oversupply

Here We Go Again!

Recession yes; however I don’t see another Great Financial Crises in the cards.  Obviously those who do become unemployed no talk as to how mild this recession is will never take away their pain.  This is why DYI always advocates in the most strenuous terms an emergency fund of at least one year.  Six months is simply too small and three months when you find yourself unemployed could easily run out before finding a replacement job.

3 months checking

3 months High Yielding Saving

6 months Short Term Bond Fund (DYI’s favorite Vanguard)