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The Financial Times: Cash is for emergencies not portfolios

Important information - This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

A scary repercussion of being cancelled and jobless is how fast the money runs out. Whatever counter measures you put in place — selling the car, no champagne before 3pm — regular outgoings soon swamp them.

This article is more than 6 months old

It was correct at the time of publishing. Our views and any references to tax, investment, and pension rules may have changed since then.