I have my public market portfolio, which is the usual stocks and bonds, etc.

As easy as this sounds, it's not simple and usually like pulling teeth.

The registrar would revoke my license, attach my bond, I'd be found guilty of misdemeanor with fines and possibly jail.

Examples of liquid assets that can be used for a contingency fund include:Cash in a bank or savings accountStock or bond investmentsCash value of an insurance depositMoney in a 401K, IRA, or other retirement savings accountCertificates of depositLet’s say your monthly payment for a mortgage is $1,500.

You could even just buy I bonds that will do more to build your long term wealth than paying down a low interest mortgage faster.

I will say we pay for a title bond on all properties just incase. 

My diversification50% Real Estate25% Stocks25% Bonds / Fixed Income

Hey Jay - I too am asking why :D My only experience has been with conventional mortgages - I recently purchased my own home with one and since I am a small business owner it was like pulling teeth. 

Betterment connects with your bank accounts to display current financial information.Why investors should use it: Betterment’s primary focus is investing for retirement, saving for the future, and investing in stocks, bonds, and crypto.How to get it: Betterment can be accessed with any web browser or by using the Betterment app, which is available for both iOS and Android devices.Cost: Betterment offers free checking and high-yield cash accounts for your savings.

That being said, since most US debt is owned by Americans, increasing rates means American lenders and treasury bond holders earn a higher return and have more money to spend, negating much of what rate increases are supposed to do (namely, slow down the economy and reduce inflation).