Reserves in Stocks a bad idea?

[Luke Doyle]

Hey! 

I was just wondering what everyone thinks about keeping your reserves in a 60/40 stock/bond portfolio? Maybe having a slightly larger amount of reserves than normal to be able to withstand any sort of downturn?

let me know what you think! Thanks 

[Joe Villeneuve]

You mean put money that you would need in the case of an emergency, in a low return/unstable location where you have no control over how well it does, and will cost you when/if you need to access it for that emergency,...which by definition would mean you'd need it "right away"?