@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

4Mon

@mitinvest Have you rented a washing machine?

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Tim@mitinvest

4Mon

@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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Epi@Epi

4Mon

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

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CashBurner 🔥@DonkeyInvestor

4Mon

@Epi yes, of course

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Epi@Epi

4Mon

@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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View all 4 further answers

DerMartin@DerMartin

4Mon

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

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CashBurner 🔥@DonkeyInvestor

4Mon

@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

4Mon

@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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C(r)ashBurner@Lumimyrsky

4Mon

actually did nothing

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CashBurner 🔥@DonkeyInvestor

4Mon

@Lumimyrsky that's the way it should be

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Solitair@Solitair

4Mon

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

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Maximilian@Max095

4Mon

Well done 😎🤑

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Nico Uhlig@RealMichaelScott

4Mon

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

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Tim@mitinvest

4Mon

@RealMichaelScott The bottom should have been reached at $KLAC, or where do you see it?
$AMAT would be interesting and will remain under observation for me.

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Nico Uhlig@RealMichaelScott

4Mon

@mitinvest I only look at the fundamentals of the company and see $AMAT as having a much more attractive valuation. The business model is also quite similar.

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