|
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% |
 |
|
11-27-2016, 04:37 PM
|
#41
|
|
Moderator
Join Date: Feb 2010
Location: Flyover country
Posts: 25,362
|
 Quote:
Originally Posted by Danmar
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.
|
|
|
 |
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
|
11-29-2016, 12:39 AM
|
#42
|
|
Thinks s/he gets paid by the post
Join Date: Dec 2009
Location: Alberta/Ontario/ Arizona
Posts: 3,393
|
Quote:
Originally Posted by braumeister
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.
|
|
|
|
|
11-29-2016, 05:43 AM
|
#43
|
|
Moderator
Join Date: Feb 2010
Location: Flyover country
Posts: 25,362
|
Quote:
Originally Posted by Danmar
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.,
|
|
|
|
|
11-29-2016, 06:34 AM
|
#44
|
|
Thinks s/he gets paid by the post
Join Date: Dec 2009
Location: Alberta/Ontario/ Arizona
Posts: 3,393
|
Quote:
Originally Posted by braumeister
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.
|
|
|
|
|
11-29-2016, 06:43 AM
|
#45
|
|
Thinks s/he gets paid by the post
Join Date: Nov 2013
Location: Twin Cities
Posts: 3,941
|
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.
|
|
|
|
|
11-29-2016, 07:05 AM
|
#46
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2005
Posts: 10,252
|
Quote:
Originally Posted by braumeister
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.
|
|
|
|
|
11-29-2016, 09:35 AM
|
#47
|
|
Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,501
|
Quote:
Originally Posted by braumeister
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".
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
|
|
|
|
|
11-29-2016, 10:34 AM
|
#48
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2006
Location: west coast, hi there!
Posts: 8,809
|
You guys have too much time on your hands .... smelling your cash. 
|
|
|
|
|
11-29-2016, 10:37 AM
|
#49
|
|
Thinks s/he gets paid by the post
Join Date: Dec 2009
Location: Alberta/Ontario/ Arizona
Posts: 3,393
|
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.
|
|
|
|
|
11-29-2016, 12:15 PM
|
#50
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2005
Posts: 10,252
|
That's it: I'm making pancakes w/ maple syrup for lunch. Thanks for the suggestion. 
|
|
|
|
|
11-29-2016, 01:50 PM
|
#52
|
|
Administrator
Join Date: Jul 2005
Location: N. Yorkshire
Posts: 34,130
|
Quote:
Originally Posted by Danmar
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.
__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Enough private pension and SS income to cover all needs
|
|
|
|
|
11-29-2016, 01:54 PM
|
#53
|
|
Administrator
Join Date: Jan 2008
Location: Chicagoland
Posts: 40,726
|
Quote:
Originally Posted by braumeister
|
Those stories sound a bit loonie if you ask me ..
|
|
|
|
|
11-29-2016, 02:05 PM
|
#54
|
|
Thinks s/he gets paid by the post
Join Date: Dec 2009
Location: Alberta/Ontario/ Arizona
Posts: 3,393
|
Quote:
Originally Posted by Alan
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.
|
|
|
|
|
11-29-2016, 02:06 PM
|
#55
|
|
Thinks s/he gets paid by the post
Join Date: Dec 2009
Location: Alberta/Ontario/ Arizona
Posts: 3,393
|
|
|
|
|
|
11-29-2016, 03:04 PM
|
#56
|
|
Moderator
Join Date: Feb 2010
Location: Flyover country
Posts: 25,362
|
Quote:
Originally Posted by MichaelB
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.
|
|
|
|
|
11-29-2016, 11:02 PM
|
#57
|
|
Recycles dryer sheets
Join Date: Jan 2008
Posts: 84
|
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.
|
|
|
|
|
11-30-2016, 10:14 AM
|
#58
|
|
Thinks s/he gets paid by the post
Join Date: May 2014
Location: Utrecht
Posts: 2,650
|
Still waiting for that to happen in Euros ..
|
|
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|
Linear Mode
