I recently read an article online about a person who has invested all his funds into the stock market. From his past articles, it appears that he doesn't keep any funds for emergency purpose and I get the impression that neither does he think he requires them at this moment. He is young, single and probably doesn't have any strong commitment to anything other than himself. There were a couple of people who have attacked him with his choice and action being naïve, but I think the overly strong reaction appears pretty strange to me given that these people does not know anything about his background.   We have all by now heard the mantra advice that it is advisable to keep 12 months of expenses in your emergency funds in case unexpected things cropped up. There are further discussion about whether it is preferred to keep 3, 6 or ......