DISQUS

brip blap: gimme my cash blankee

  • Eric Hundin · 1 year ago
    I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you.

    Eric Hundin
  • bubelah · 1 year ago
    I agree about cash, even on a smaller scale, like having a credit card that gives you cash-back, rather than points. Cash is cash, it's tangible.
  • Hunter Nuttall · 1 year ago
    It's interesting that we have both of these sayings:

    "Cash is king"

    "Cash is trash"
  • Dividend growth investor · 1 year ago
    So you are saying that these big corporations are waiting for the recession in order to buy companies on the cheap. Maybe we should be investing our cash in stocks now ;-)
  • t h rive · 1 year ago
    If we're buying our stock throughout the 'recession' (dollar cost averaging) - then we don't have to 'time' the market - buy once a quarter, or twice a year...whichever's affordable. It's also a sketchy idea to try to decide if CEOs are buying stock out of optimism, or making a point (marketing).

    cash is good too.
  • Asithi · 1 year ago
    Having cash is very reassuring. I know that if I get laid off, we will be okay for 6 month to 1 year with only minor belt-tightening. Whereas another couple we know, who rely on their credit cards as their emergency fund, cannot make the mortgage within one month of either one being laid off. They make more money than we do, but their outflow is a lot higher too.
  • Brett @ Personal Loan Portfoli · 1 year ago
    Companies are also spending lots of money on their own stock which can also be used to make acquisitions.

    The build up of cash can also be a negative sign -- they don't know what to do with all the money they are currently making and are afraid to invest it in anything.

    Although, I'll go with "T h rive" and dollar cost average for my personal investments.
  • Mrs. Micah · 1 year ago
    Indeed. Cash emergency funds are awesome. Cash retirement plans are not awesome because over time cash is a guaranteed loss, due to inflation.
  • squawkfox · 1 year ago
    I keep a stash of cash on hand. Never know when you'll need the funds for an emergency.