I’d like to think of it as a black swan event, but it’s apparently not too far-fetched as this recent news item depicts: https://www.youtube.com/watch?v=sA6D3UuQAZI
I recall a number of banks closing down HELOCs in 2008 during the financial crisis. I was relieved to have some cash on hand when the bank pulled mine. Personally, I’ve never lost sleep over the opportunity cost of cash but I won’t forget that unpleasant surprise from the bank.
“Property taxes, on the other hand…our property tax liability is already reduced by almost 50% because we’re over 55…” Don’t you live in CA? I must be missing something here because I don’t know of any such programs in the golden state.
Perhaps the actual “strategy” of Bitcoin treasury companies like Strategy is to find a backdoor into indexes? Still a small fraction of the bigger “haystack” but I do wonder about contagion should crypto go south at some point.
Comments
I totally agree there are plenty more pressing matters to lose sleep over. Then again, this particular crime hit pretty close to home…
Post: Can we be completely safe?
Link to comment from December 17, 2025
I’d like to think of it as a black swan event, but it’s apparently not too far-fetched as this recent news item depicts: https://www.youtube.com/watch?v=sA6D3UuQAZI
Post: Can we be completely safe?
Link to comment from December 17, 2025
Schwab money market fund
Post: Where to Keep Cash
Link to comment from December 12, 2025
Thanks, Chris. And Bill, you hit the nail on the head: https://humbledollar.com/forum/rules-of-the-road-by-jonathan-clements/
Post: Where to Keep Cash
Link to comment from December 10, 2025
Translation, please?
Post: Where to Keep Cash
Link to comment from December 10, 2025
I recall a number of banks closing down HELOCs in 2008 during the financial crisis. I was relieved to have some cash on hand when the bank pulled mine. Personally, I’ve never lost sleep over the opportunity cost of cash but I won’t forget that unpleasant surprise from the bank.
Post: Where to Keep Cash
Link to comment from December 6, 2025
Ah, Proposition 19. I see the logic now. Thanks!
Post: Discussing money matters with friends- a slippery slope
Link to comment from November 10, 2025
“Property taxes, on the other hand…our property tax liability is already reduced by almost 50% because we’re over 55…” Don’t you live in CA? I must be missing something here because I don’t know of any such programs in the golden state.
Post: Discussing money matters with friends- a slippery slope
Link to comment from November 8, 2025
Sudden Impact is the title of the fourth Dirty Harry movie.
Post: Make My Day Punk, Harvest the Bubble.
Link to comment from October 14, 2025
Perhaps the actual “strategy” of Bitcoin treasury companies like Strategy is to find a backdoor into indexes? Still a small fraction of the bigger “haystack” but I do wonder about contagion should crypto go south at some point.
Post: That Dumb Stock Market
Link to comment from October 12, 2025