The Wise Investor Show

This week, on the Wise Investor Show, the need to be prepared in advance; while things are going well, a la when is the best time to repair your roof? In the middle of a hailstorm, or when the sun is shining? 1) 3-6 Month Supply of Cash 2) Have an open Home Equity Line of Credit 3) Make sure you have proper disability insurance protection 4) You might be able to borrow against your permanent life insurance policy 5) You can distribute money from a previous employer's 401(k) plan penalty-free (though not tax-free) at age 55 Act of Last Resort) borrow against your current 401(k)