Comments on: gimme my cash blankee

By: Weekend Reading - March 14, 2008 | Million Dollar Journey

Weekend Reading - March 14, 2008 | Million Dollar Journey — Fri, 14 Mar 2008 09:32:55 +0000

[...] Brip Blap explains why cash is king in his article "Gimme my Cash Blankee". [...]

By: squawkfox

squawkfox — Tue, 11 Mar 2008 00:27:24 +0000

I keep a stash of cash on hand. Never know when you’ll need the funds for an emergency.

By: Queercents » Blog Archive » Queercents Weekly Roundup: Travels the Country

Sat, 08 Mar 2008 14:28:16 +0000

[...] interesting for its perspective on the importance of cash. But, whatever. He totally went there. (Read it at brip [...]

By: Mrs. Micah

Mrs. Micah — Fri, 07 Mar 2008 04:35:42 +0000

Indeed. Cash emergency funds are awesome. Cash retirement plans are not awesome because over time cash is a guaranteed loss, due to inflation.

By: Brett @ Personal Loan Portfolio

Brett @ Personal Loan Portfolio — Fri, 07 Mar 2008 03:52:49 +0000

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.

By: Asithi

Asithi — Thu, 06 Mar 2008 22:00:10 +0000

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.

By: t h rive

t h rive — Thu, 06 Mar 2008 16:40:40 +0000

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.

By: Dividend growth investor

Dividend growth investor — Thu, 06 Mar 2008 15:51:52 +0000

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

By: Hunter Nuttall

Hunter Nuttall — Thu, 06 Mar 2008 15:48:01 +0000

It’s interesting that we have both of these sayings:

“Cash is king”

“Cash is trash”

By: Bubelah

Bubelah — Thu, 06 Mar 2008 13:59:59 +0000

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.