Rob5TCP wrote:Here is the best I could find about him
Dan Egan, Director of Behavioral Finance and Investing at Betterment. Mr Egan was Formerly at Barclay's Wealth and Investment where he focused on using behavioral finance to help people make better financial decisions. His presentation will focus on the impact of how we visualize risk and return.
No mention of where he got his degree, what degree, and so on.
I meet Dan a couple of months ago in New York. I enjoyed our brief conversation. He is an interesting guy and clearly well-educated.
My view on emergency money parallels the way a corporate finance department would look at it (I used to teach corporate finance at a local college). I see the need to divide emergency funds into two parts: "immediate" liquid assets that are held in cash like investments and "permanent" liquid assets that can be invested more aggressively.
There are times I've dipped into my emergency savings, but I never depleted them, and always brought the total back up to my 12-month living expense target. I realized that I rarely dipped into our emergency money, and if I held only half of this money in very liquid cash assets that is was probably enough.
Starting about 5-years ago, I split the permanent liquid asset half of my emergency fund into an intermediate-term municipal bond fund and total stock market index fund. My idea was to be more aggressive with these permanent liquid assets so that my total emergency fund would have the chance to outperform inflation and taxes. That has happened.
Choose a few low-cost index funds in different asset classes, rebalance occasionally, and forgetaboutit!