Emergency fund idea
So I was thinking about my emergency fund and I came up with a non standard idea, and was wondering what the LP community thought.
Basically, most financial people say to save 3-8 months in expenses in a savings account (or money market account) for big emergencies (job layoffs etc.) But I was thinking about doing it a little different. Hypothetically what if your emergency fund was $30,000. Would a good structure be $10,000 in a savings account, $10,000 in a money market account, and $10,000 in gold/silver?
Basically, your emergency fund would be split up into 3 different areas. That way if one bank/financial institution goes under the delay the FDIC would take wouldn't be bothersome. Also, by keeping some money in silver/gold you'd be a little more protected from inflation, and due to the nature of it being harder to exchange it'd make it so you only exchanged it in TRUE emergencies.
What do you guys think? (or am I thinking way too hard about this?)