Do you advise holding emergency cash?

Discussion in 'Economics' started by lrm21, Oct 3, 2008.

What percent of your holding is are purely cash in a non-financial institution

  1. I am holding 0% in cash outside of a bank/institution

    29 vote(s)
    43.3%
  2. I am holding 10% in cash outside of a bank/institution

    15 vote(s)
    22.4%
  3. I am holding 25% in cash outside of a bank/institution

    10 vote(s)
    14.9%
  4. I got more than 50% in cash right next to my 12 guage

    13 vote(s)
    19.4%
  1. I would say have some set aside in case there is a bank holiday. Hide it well!
     
    #31     Oct 3, 2008
  2. You keep thousands in cash and you guard it with a $150 military surplus gun in a weak caliber?
     
    #32     Oct 3, 2008
  3. I always keep a large cash position as a cushion during rocky periods when I take short positions.

    But cash is king now as well, due to the big deflation.
     
    #33     Oct 3, 2008
  4.  
    #34     Oct 3, 2008
  5. Using deadly force is a serious proposition. In addition to all the moral conderations involved, includes surrendering your weapon and never seeing it again. As this an anonymous post I will disclose that it is a secondary sidearm. I keep a few nice sigs as well for concealing and big colt python for open carry.

    I feel very comfortable with the stopping power of a 380 at close range, discharging federal hydra-shock, full metal jacket. Additionally the feg is extremely reliable. Cold war, James Bond knock off, but an easy piece.


     
    #35     Oct 3, 2008
  6. sho-tim

    sho-tim

    Hold these?

    [​IMG]
     
    #36     Oct 4, 2008
  7. I am holding 0% in cash outside of a bank/institution 23 40.35%
    I am holding 10% in cash outside of a bank/institution 13 22.81%
    I am holding 25% in cash outside of a bank/institution 10 17.54%
    I got more than 50% in cash right next to my 12 guage 11 19.30%

    this is a joke, right? what is the definition of cash here, paper cash?
     
    #37     Oct 4, 2008
  8. I'm pretty sure he meant physical greenbacks.
     
    #38     Oct 4, 2008
  9. The most important thing is being able to shoot it well. Practice, practice, practice :D
     
    #39     Oct 5, 2008