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Epi@Epi

2Mês

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

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Tim@mitinvest

2Mês

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

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Epi@Epi

2Mês

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

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Tim@mitinvest

2Mês

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

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Epi@Epi

2Mês

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

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Nostradonkey💩@DonkeyInvestor

2Mês

@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

2Mês

@mitinvest Have you rented a washing machine?

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Tim@mitinvest

2Mês

@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

2Mês

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

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Nostradonkey💩@DonkeyInvestor

2Mês

@Epi yes, of course

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Epi@Epi

2Mês

@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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