My asset allocation is 90% cash as of May 1. Reason: A 04/05/2013 Mark Hulbert article in which he presented statistics. Over the previous "50 years, the Dow on average has produced a gain of 7.5% during the winter months and lost 0.1% during the summer months". Granted that it hasn't always worked out that way, but I like the long term odds....and I hate losses. I sleep better during the summer with 6 month treasuries.
I still write about a fourth of my bills by check, but I use a sharpie permanent marker on the 'pay to' line. Bill Pay online at my credit unions allow my other payments to be future dated for 'just in time' application to credit card and other invoices. Years ago a mailed check was altered by a thief and I was notified by the local police who caught the guy before he could get the money...he was in possession of dozens of checks when arrested. And when I mail a check, I put it in our community's locked mailbox sometime during the daylight hours before the USPS person picks it up.
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My asset allocation is 90% cash as of May 1. Reason: A 04/05/2013 Mark Hulbert article in which he presented statistics. Over the previous "50 years, the Dow on average has produced a gain of 7.5% during the winter months and lost 0.1% during the summer months". Granted that it hasn't always worked out that way, but I like the long term odds....and I hate losses. I sleep better during the summer with 6 month treasuries.
Post: Ch-Ch-Changes?
Link to comment from May 11, 2025
I still write about a fourth of my bills by check, but I use a sharpie permanent marker on the 'pay to' line. Bill Pay online at my credit unions allow my other payments to be future dated for 'just in time' application to credit card and other invoices. Years ago a mailed check was altered by a thief and I was notified by the local police who caught the guy before he could get the money...he was in possession of dozens of checks when arrested. And when I mail a check, I put it in our community's locked mailbox sometime during the daylight hours before the USPS person picks it up.
Post: It’s 2025. Do you send checks by mail?
Link to comment from May 3, 2025