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View Poll Results: What percent is cash of your invested assets & cash?
Less than 0.5% including negative cash 10 5.56%
Less than 1.0% 5 2.78%
Less than 2.5% 13 7.22%
Less than 5.0% 23 12.78%
Less than 10.0% 46 25.56%
Less than 20.0% 42 23.33%
Less than 50.0% 23 12.78%
50.0% or more 17 9.44%
Something else, but I wanted to answer anyways 1 0.56%
Voters: 180. You may not vote on this poll

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Old 11-27-2016, 05:37 PM   #41
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In Canada we have $1 and $2 dollar coins though. Hard to ignore these entirely.
You are so lucky (along with Europeans)! I wish the USA would follow suit.

When I travel, I make it a practice to keep the 1 and 2 coins in one pocket, and smaller denominations in another. The aim is always to maintain the lowest number of coins in each pocket, and it's surprisingly easy.

OTOH, at home I have to always stuff the $1 and $5 bills in my wallet and then sort them so they're in order. What a nuisance.

Still, we're lucky compared to some countries. I well remember living through the South American hyperinflation times when the smallest Brazilian bill in my wallet was 5,000 and when I was in Peru workers were getting paid 2 or 3 times a day so they could spend it before it lost too much value.
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Old 11-29-2016, 01:39 AM   #42
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Originally Posted by braumeister View Post

When I travel, I make it a practice to keep the 1 and 2 coins in one pocket, and smaller denominations in another. The aim is always to maintain the lowest number of coins in each pocket, and it's surprisingly easy.

OTOH, at home I have to always stuff the $1 and $5 bills in my wallet and then sort them so they're in order. What a nuisance.
Interesting, I really don't like the feeling of coins jangling around in my pockets. I take them out or give the to my DW as soon as possible. When we are in Arizona my wallet gets a lot thicker. Hurts my back when I sit on it in the car.

Canadian money is so much more colourful and durable than US cash. Way thinner too.
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Old 11-29-2016, 06:43 AM   #43
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Canadian money is so much more colourful and durable than US cash. Way thinner too.
And apparently influential.

I got some of the new 5 notes in London last month. Plastic and smaller, similar to Canadian notes.

Since the Canadian notes smell kinda like maple syrup, I was curious about the English ones. Maybe they would smell like tea? But alas, odor-free as far as I could tell. A good move, and they will gradually be replacing all denominations with the new type.,
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Old 11-29-2016, 07:34 AM   #44
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And apparently influential.

I got some of the new 5 notes in London last month. Plastic and smaller, similar to Canadian notes.

Since the Canadian notes smell kinda like maple syrup, I was curious about the English ones. Maybe they would smell like tea? But alas, odor-free as far as I could tell. A good move, and they will gradually be replacing all denominations with the new type.,
Maple syrup? Looks like we will eventually have "plastic" cash in many places. Maybe even in the US? Naw, sounds too much like a conspiracy.
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Old 11-29-2016, 07:43 AM   #45
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We're still w*rking and are 90/10 with only .81% cash. In FIRE in a few years from now, "Audrey's Plan" above is most appealing to me, i.e. a Fixed Percentage Safe Withdrawal Strategy and stacking up excess cash in the bull markets for use in the bear markets.
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Old 11-29-2016, 08:05 AM   #46
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Since the Canadian notes smell kinda like maple syrup, I was curious about the English ones. Maybe they would smell like tea? But alas, odor-free as far as I could tell. A good move, and they will gradually be replacing all denominations with the new type.,
US bills are well-known for smelling like cocaine.
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Old 11-29-2016, 10:35 AM   #47
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Canadian notes smell kinda like maple syrup
I have noticed that bills here in New Orleans frequently stink of cheap perfume. It's very strong and pretty disgusting, really. Gives a new meaning to "filthy lucre".
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Old 11-29-2016, 11:34 AM   #48
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You guys have too much time on your hands .... smelling your cash.
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Old 11-29-2016, 11:37 AM   #49
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You guys have too much time on your hands .... smelling your cash.
And I always thought the term "the smell of money" was a little less literal. Maybe not.

Actually, I just smelled a bunch of Canadian cash and it does smell slightly sweat, not unlike maple syrup. Go figure.
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Old 11-29-2016, 01:15 PM   #50
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That's it: I'm making pancakes w/ maple syrup for lunch. Thanks for the suggestion.
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Old 11-29-2016, 02:46 PM   #51
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And I always thought the term "the smell of money" was a little less literal. Maybe not.

Actually, I just smelled a bunch of Canadian cash and it does smell slightly sweat, not unlike maple syrup. Go figure.
I'm surprised you hadn't heard of that. I can definitely smell a vaguely maple-like aroma in a new Canadian bill.

Does our money smell like maple syrup? - National | Globalnews.ca

New Canadian Money Smells Like Syrup, Melts in Heat - ABC News

https://www.thestar.com/business/201...ple_syrup.html

https://www.reddit.com/r/NoStupidQue...dge_that_your/
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Old 11-29-2016, 02:50 PM   #52
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Actually, I just smelled a bunch of Canadian cash and it does smell slightly sweat, not unlike maple syrup. Go figure.
Did you mean to say "of sweat"? That I can believe. At least plastic bills shouldn't absorb sweat and whatever else folks have on their hands.

I still have a plastic $5 Australian note from our visit there in 1997. I was so impressed that I decided to hang onto a souvenir.
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Old 11-29-2016, 02:54 PM   #53
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Those stories sound a bit loonie if you ask me ..
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Old 11-29-2016, 03:05 PM   #54
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Did you mean to say "of sweat"? That I can believe. At least plastic bills shouldn't absorb sweat and whatever else folks have on their hands.

I still have a plastic $5 Australian note from our visit there in 1997. I was so impressed that I decided to hang onto a souvenir.
You are right, thanks. , I meant sweet. They don't absorb sweat to my knowledge. They don't melt in regular (even Arizona) heat. These bills really are superior. Hopefully they get wider adoption.
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Old 11-29-2016, 03:06 PM   #55
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Those stories sound a bit loonie if you ask me ..
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Old 11-29-2016, 04:04 PM   #56
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Those stories sound a bit loonie if you ask me ..
Sometimes I feel I should get business cards printed up with my title as Professional Straight Man.
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Old 11-30-2016, 12:02 AM   #57
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I'm 25% in cash. Partly in response to Warren Buffet's advice during 2014, I kept value in low-interest cash rather than bonds. Warren's prediction that bond interest rates would eventually head up eventually came true, though it took longer than expected.

I plan to start moving value from cash accounts into bonds over the next few months.
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Old 11-30-2016, 11:14 AM   #58
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Still waiting for that to happen in Euros ..
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