War chest plundered

7Mon

War chest already emptied? What will happen in the event of a real crash?

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7Mon

@Epi In the event of a real crash, the emergency fund comes into play 😉

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7Mon

@mitinvest Oh my! War chest, emergency fund... and what happens if the washing machine breaks down? Cash reserve? 🤔 😬

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7Mon

@Epi Not my problem, the landlord has to take care of them 🤣

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7Mon

@mitinvest So if you have nothing else after the war chest and emergency fund, things can get bad quickly. 🤷

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7Mon

@Epi Why should he have a lot of cash? You lose more money waiting for the crash than in the crash. And if he's fully invested and the washing machine is broken, my goodness, he'll just have to sell something 🤷

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Solitair@Solitair

7Mon

@mitinvest Have you rented a washing machine?

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7Mon

@Solitair Communal laundry room in the apartment building... In Switzerland, the infrastructure is part of the apartment, not like in Germany.

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7Mon

@DonkeyInvestor Doesn't this logic also apply to the war chest and the emergency fund?

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7Mon

@Epi yes, of course

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View all 4 further answers

7Mon

@DonkeyInvestor Oh, but then the war chest and the emergency fund are always identical to the total value of the custody account. Because if necessary, you can always sell some or all of it. 🤷

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DerMartin@DerMartin

7Mon

I was wildly annoyed that I don't have a war chest 😱
Will be changed now.

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7Mon

@DerMartin and then you wait for the crash. And lose more money waiting than in the crash. The left kidney as a war chest is okay. Everything else is a waste

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DerMartin@DerMartin

7Mon

@DonkeyInvestor Yes. I realize that. But I'm someone who also wants it to be "fun". And buying Novo Nordisk yesterday at €75 - I would have laughed my ass off. From now on, I'll have a small investment reserve of 5% in the house, which can go somewhere where at least 25% will go down (but I'm convinced in the long term).

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Erdbeermaus@Lumimyrsky

7Mon

actually did nothing

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Nico Uhlig@RealMichaelScott

7Mon

@Lumimyrsky that's the way it should be

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Solitair@Solitair

7Mon

Neither do I. What is happening right now is nothing more than atmospheric disturbances.

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Maximilian@Max095

7Mon

Well done 😎🤑

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7Mon

I would have waited a little longer at $KLAC. In my opinion, a cheaper alternative is $AMAT

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