Search found 3715 matches

by AlohaJoe
Wed Oct 17, 2018 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?
Replies: 65
Views: 4304

Re: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?

I put the money in the day I closed on the house and took the mortgage. If anything the only added money going "into the house" is the interest on the mortgage so paying it off early is actually reducing the amount of money I'm putting into the house. Right? Money moves from your checking account t...
by AlohaJoe
Wed Oct 17, 2018 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Reasonable cost for a forever home?
Replies: 25
Views: 2766

Re: Reasonable cost for a forever home?

If you're making $1 million a year then your forever home could be $7-8 million. Kidding right? That seems a little extreme. The consensus seems to be 2? People are just overreacting because they aren't used to big numbers. 2x salary is not a standard. Otherwise people making $40,000 would be told ...
by AlohaJoe
Wed Oct 17, 2018 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Too good to be true; what am I missing?
Replies: 17
Views: 2912

Re: Too good to be true; what am I missing?

Nissanzx1 wrote:
Wed Oct 17, 2018 7:15 am
Risk is the only thing you left out. As long as you lay out what risks might present, and you're ok with those risks, do what you like.
Along these lines, signing up for margin means you're exposed to rehypothecation, if that's something you're worried about.
by AlohaJoe
Wed Oct 17, 2018 4:15 am
Forum: Personal Finance (Not Investing)
Topic: Too good to be true; what am I missing?
Replies: 17
Views: 2912

Re: Too good to be true; what am I missing?

viz wrote:
Wed Oct 17, 2018 12:01 am
Okay, I got an email for M1 that they would give a loan up to 1/3 of my M1 investment account at 4% rate of interest.
4% seems high when Interactive Brokers offers 3.68% on the first $100,000 and lower rates from there on

https://www.interactivebrokers.com/en/index.php?f=18069
by AlohaJoe
Wed Oct 17, 2018 12:10 am
Forum: Investing - Help with Personal Investments
Topic: street shares
Replies: 5
Views: 628

Re: street shares

BoglePaul wrote:
Tue Oct 16, 2018 9:20 pm
I am an investor in StreetShares. USAA has currently partnered with StreetShares to provide small business loans. That is a pretty huge stamp of approval.
USAA has also partnered with CoinBase. Do you see that as a huge stamp of approval to start investing in Bitcoin?
by AlohaJoe
Tue Oct 16, 2018 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Reasonable cost for a forever home?
Replies: 25
Views: 2766

Re: Reasonable cost for a forever home?

If you're making $1 million a year then your forever home could be $7-8 million.
by AlohaJoe
Mon Oct 15, 2018 9:47 pm
Forum: Investing - Theory, News & General
Topic: What Jack Bogle Expects From the Market
Replies: 11
Views: 2146

Re: What Jack Bogle Expects From the Market

2015 wrote:
Mon Oct 15, 2018 8:20 pm
Why don't people leave that poor man alone?
I kinda agree with you but...He doesn't have to agree to the interviews. Or he could say "I'm happy to be interviewed but I won't answer questions about predictions because they are boring to me".
by AlohaJoe
Mon Oct 15, 2018 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Muscular Portfolios Questions
Replies: 9
Views: 1040

Re: Muscular Portfolios Questions

The strategy is a clone of a 2013 whitepaper by Mebane Faber, co-author of The Ivy Portfolio.
(From the author's web page.)

Meb Faber's portfolios have been discussed here in the past, so people can just search for "ivy portfolio" and read previous discussions.
by AlohaJoe
Mon Oct 15, 2018 6:52 am
Forum: Investing - Help with Personal Investments
Topic: Europe Domiciled REIT ETFs?
Replies: 8
Views: 548

Re: Europe Domiciled REIT ETFs?

Among iShares, Vanguard and Wisdomtree's European website's I did not find any REIT ETFs? This was second hit in Google when I searched. https://www.ishares.com/uk/individual/en/products/251808/ishares-european-property-yield-ucits-etf?switchLocale=y&siteEntryPassthrough=true REITs didn't really ex...
by AlohaJoe
Mon Oct 15, 2018 2:23 am
Forum: Investing - Theory, News & General
Topic: What events hurt US equity returns in the past 100 years?
Replies: 12
Views: 1066

Re: What events hurt US equity returns in the past 100 years?

What events hurt US equity returns in the past 100 years? WW1, WW2, Vietnam War, the First Gulf War, Arab-Israeli War, Smoot-Hawley tariffs, President Teddy Roosevelt personally threatening companies he didn't like, 9/11, the severe drought of the 1930s, the 1938 New England Hurricane, the 1944 Gre...
by AlohaJoe
Sun Oct 14, 2018 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: HK-Based Investor: Should I use Interactive Broker HK to trade?/Question re account segregation
Replies: 7
Views: 374

Re: HK-Based Investor: Should I use Interactive Broker HK to trade?/Question re account segregation

Sadly there seems to be no good way to protect us HK investors :? This isn't true. First, I think the idea of insurance for this is nearly useless. In the US, SIPC covers only $500,000. If you had $1.2 million and only $500,000 is insured would you feel that you are "protected"? I'd wager that the ...
by AlohaJoe
Sun Oct 14, 2018 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: 1M Portfolio - Asset allocation for mid 40's [Australia]
Replies: 13
Views: 1196

Re: 1M Portfolio - Asset allocation for mid 40's [Australia]

The problem is that those 2 funds are US domiciled, which means it is subject to the draconian US estate tax, meaning if you die while holding those, the US takes a big cut of it. I think there might be some agreement with Australia where you would be ok with under 10mil or 12mil of assets I wouldn...
by AlohaJoe
Sun Oct 14, 2018 8:58 pm
Forum: Investing - Help with Personal Investments
Topic: Muscular Portfolios Questions
Replies: 9
Views: 1040

Re: Muscular Portfolios Questions

The book has been out 7 days. I doubt many people have read it. If someone is new to investing, I would recommend they read "time tested" books first, since they're not able to judge whether a book is applicable to them (or just outright wrong/bad). Anyway, I'll try to get a copy and post back here ...
by AlohaJoe
Sun Oct 14, 2018 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Autoupdate google sheets with Tbill price/value
Replies: 6
Views: 499

Re: Autoupdate google sheets with Tbill price/value

I also like to keep my spreadsheet in sync with my accounts. When my spreadsheet totals don’t line up with what I see online or on my statements, I end up going line by line through everything to find the discrepency. FWIW I don't use or care about TBills but I've also spent hours fixing small disc...
by AlohaJoe
Sat Oct 13, 2018 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: 1M Portfolio - Asset allocation for mid 40's [Australia]
Replies: 13
Views: 1196

Re: 1M Portfolio - Asset allocation for mid 40's [Australia]

This look like a perfectly fine choice for an Australian. I don't know of any decent all-in-one funds in Australia. I mean, the asset allocation of something like Vanguard LifeStrategy® High Growth Fund is okay. But 0.90% fees? And a 0.11% bid/ask spread on top of that? There's also a wiki article o...
by AlohaJoe
Sat Oct 13, 2018 9:45 pm
Forum: Investing - Theory, News & General
Topic: DGS: Own it? Opinions on it? [WisdomTree Emerging Mkts SmallCap Dividend]
Replies: 25
Views: 1673

Re: DGS: Own it? Opinions on it?

With a median market cap of $3.9B Small Cap Value Index isn't very small, nor is it very "valuey." DFA would view it as Mid Cap & rather "Growthy." None of their value funds are deep value like DFA. VIOV has a median market cap of $1.7 billion. And more importantly its SMB is 0.79. The HML is 0.40,...
by AlohaJoe
Sat Oct 13, 2018 6:14 am
Forum: Investing - Theory, News & General
Topic: Is EMH a tautology?
Replies: 108
Views: 4602

Re: Is EMH a tautology?

Well it's in the Syllabus of many universities I know. In any case my question was why so many people, in particular on this Board (though you don't seem to be one of them) take it seriosuly. It is a useful short hand. Just like universities teach Newtonian mechanics. It isn't right but it is close...
by AlohaJoe
Sat Oct 13, 2018 5:44 am
Forum: Investing - Theory, News & General
Topic: DGS: Own it? Opinions on it? [WisdomTree Emerging Mkts SmallCap Dividend]
Replies: 25
Views: 1673

Re: DGS: Own it? Opinions on it?

but getting them to drink the Kool Aid that makes one believe in a small value premium seems unlikely for the powers that be at Vanguard. Vanguard has small value funds. They "believe" in it. Or at least, they believe people will buy it. Vanguard sells lots of things. I'm not sure they "believe" al...
by AlohaJoe
Sat Oct 13, 2018 5:36 am
Forum: Investing - Theory, News & General
Topic: Is EMH a tautology?
Replies: 108
Views: 4602

Re: Is EMH a tautology?

It is just a tautology and I am more and more puzzled why people (besides academics) take it seriously. Academics don't take it seriously. They haven't taken it seriously since Sitglitz & Grossman's 1975 paper (i.e. 43 years ago ). Shiller's 1981 paper (i.e. 37 years ago ) was the nail in the coffi...
by AlohaJoe
Fri Oct 12, 2018 7:58 pm
Forum: Investing - Theory, News & General
Topic: Does international really buy you diversification?
Replies: 43
Views: 4426

Re: Does international really buy you diversification?

I see this as a recurring theme over tye past 20years or so - a fall in us stocks leads to a fall in European stocks the next day.if these walk so much hand under hand, are we really getting any diversification by investubg in international stocks? If international doesn't [/i] offer diversificatio...
by AlohaJoe
Fri Oct 12, 2018 8:20 am
Forum: Investing - Theory, News & General
Topic: Unfortunate Near Real-Time Test of Sequence of Returns Risk v Probability of Retirement Success
Replies: 19
Views: 1741

Re: Unfortunate Near Real-Time Test of Sequence of Returns Risk v Probability of Retirement Success

Did my probability of retirement success really drop 3% between Tuesday and this morning? That sounds too high, and makes me wonder if the retirement calculator is too sensitive. I don't know anything about how Personal Capital works. But a 3% change seems fine to me. Your portfolio dropped by 4% o...
by AlohaJoe
Fri Oct 12, 2018 6:37 am
Forum: Personal Consumer Issues
Topic: your favorite ereader?
Replies: 28
Views: 1148

Re: your favorite ereader?

Kindle Paperwhite.

The fact that email and web browsing suck on it (to the point of being essentially unusable) is bonus, not a drawback. I have 15 other devices I can check mail with.
by AlohaJoe
Fri Oct 12, 2018 2:14 am
Forum: Personal Consumer Issues
Topic: Budget Coffee
Replies: 51
Views: 3111

Re: Budget Coffee

I live in Vietnam, so, yes, I buy coffee grown in Vietnam. I imagine the same beans would cost more in the US. The local crop is primarily robusta, though others exist as well. The "expensive" blend uses arabica, moka, and robusta. I have no problems drinking robusta so it works for me. I generally...
by AlohaJoe
Fri Oct 12, 2018 2:11 am
Forum: Personal Finance (Not Investing)
Topic: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing?
Replies: 103
Views: 9563

Re: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing

A $1,000/month job means after-tax. Which means it really needs to be more like a $1,200/month job after FICA, state, federal, health care, etc. At $15/hour that's 80 hours a month. That's definitely not full time but it also assumes $15/hour. One of the jobs mentioned in the thread is Enterprise re...
by AlohaJoe
Thu Oct 11, 2018 11:38 pm
Forum: Personal Consumer Issues
Topic: Budget Coffee
Replies: 51
Views: 3111

Re: Budget Coffee

What do you all like for coffee say under $10 / lb? I buy from this place for $1.50/pound: http://www.cafenguyenchatgiare.com/robusta If I'm feeling fancy I'll splurge on this for $2.70/pound: http://thegioicafesach.com/san-pham/1476/cafe-sua-cho-quan-1kg.html But isn’t this robusta coffee from Vie...
by AlohaJoe
Thu Oct 11, 2018 9:08 pm
Forum: Personal Consumer Issues
Topic: Budget Coffee
Replies: 51
Views: 3111

Re: Budget Coffee

ThankYouJack wrote:
Thu Oct 11, 2018 3:27 pm
What do you all like for coffee say under $10 / lb?
I buy from this place for $1.50/pound: http://www.cafenguyenchatgiare.com/robusta

If I'm feeling fancy I'll splurge on this for $2.70/pound: http://thegioicafesach.com/san-pham/147 ... n-1kg.html
by AlohaJoe
Thu Oct 11, 2018 6:01 am
Forum: Personal Consumer Issues
Topic: tablet or small laptop for general and travel computer?
Replies: 41
Views: 2177

Re: tablet or small laptop for general and travel computer?

If you hate entering text by touchscreen, why not just buy a keyboard?
by AlohaJoe
Wed Oct 10, 2018 5:47 am
Forum: Personal Consumer Issues
Topic: Hiking NH White Mountains. Taking one lens.
Replies: 25
Views: 1044

Re: Hiking NH White Mountains. Taking one lens.

This isn't really in any way related to "personal consumer issues". Plus you'd be better off posting in a forum dedicated to people who take photos. In the same that you wouldn't post in Reddit's weightlifting forum and ask "How should I invest my 401k?". I'd post on https://www.dpreview.com/forums ...
by AlohaJoe
Wed Oct 10, 2018 5:28 am
Forum: Personal Consumer Issues
Topic: Any great (or even decent) Anki or AnkiDroid users?
Replies: 5
Views: 625

Re: Any great (or even decent) Anki or AnkiDroid users?

letsgobobby wrote:
Sun Oct 07, 2018 10:46 am
I have read through the online manual and get completely lost.
Some people find learning from videos better than reading manuals.

https://www.youtube.com/watch?v=sQkdB3cJwn0
by AlohaJoe
Tue Oct 09, 2018 11:03 am
Forum: Investing - Theory, News & General
Topic: Emerging Market Bond Funds
Replies: 46
Views: 2597

Re: Emerging Market Bond Funds

What are the factors that you think are in EM bonds (government?) that are not in EM stocks? That's what the Vanguard white paper goes into :) But -- in short -- it seems to behave much like EM equities but with lower volatility making it better on a risk-adjusted basis. You live in Vietnam? Is it ...
by AlohaJoe
Tue Oct 09, 2018 12:49 am
Forum: Investing - Theory, News & General
Topic: Emerging Market Bond Funds
Replies: 46
Views: 2597

Re: Emerging Market Bond Funds

Ill take my risk on the equity side. Ditto. So your bonds have no term risk, no interest rate risk, no reinvestment risk, and no default risk? Nice trick, how'd you manage that? Everyone takes risk with their bonds. Everyone. The only question is which risks but that becomes an actual conversation ...
by AlohaJoe
Mon Oct 08, 2018 10:09 am
Forum: Investing - Help with Personal Investments
Topic: 4% rule question
Replies: 22
Views: 3101

Re: 4% rule question

No the accounts would not have the same value after 30 years. Simple example. Imagine 4% SWR, and 8% return. 25% taxes. retirement= 1000 dollars + 80 bucks return -40 payout -10 in taxes = 1030 taxable = 1000 dollars + 80 bucks return - 20 in taxes - 40 payout = 1020 As I mentioned earlier, how do ...
by AlohaJoe
Mon Oct 08, 2018 10:01 am
Forum: Investing - Theory, News & General
Topic: Is it a sign that a bear market is coming, when most people are afraid that stocks will plummet?
Replies: 42
Views: 2772

Re: Is it a sign that a bear market is coming, when most people are afraid that stocks will plummet?

I saw a survey in which the majority of people answered yes to the question: 'Are you concerned a deep recession will hit stocks next year?' (at the end of this article) Does that become a self fulfilling prophecy and signal a bear market? Nope, not really. First, it should be clear that the survey...
by AlohaJoe
Mon Oct 08, 2018 9:06 am
Forum: Investing - Help with Personal Investments
Topic: 4% rule question
Replies: 22
Views: 3101

Re: 4% rule question

If you apply 4% withdrawal rate for a $1M taxable vs a $1M non-taxable, what happens after 30 years, maybe the answer is in there? The two accounts would have the same amount after 30 years. I did an internet search and it was Bill Bengan himself that suggested a sllghtly lower sustainable withdraw...
by AlohaJoe
Mon Oct 08, 2018 8:36 am
Forum: Investing - Theory, News & General
Topic: Biggest bubble in the history of mankind(?) Is it time to sell?
Replies: 40
Views: 3790

Re: Biggest bubble in the history of mankind(?) Is it time to sell?

https://fm.cnbc.com/applications/cnbc.com/resources/editorialfiles/charts/2017/11/1512072487_bubbles.jpg There's an actual list of biggest bubbles. Has the stock market up by 3,500x? That would require the DJIA to be 52,000,000. Do you think we're anywhere close to that? I think you shouldn't read ...
by AlohaJoe
Mon Oct 08, 2018 8:33 am
Forum: Investing - Help with Personal Investments
Topic: 4% rule question
Replies: 22
Views: 3101

Re: 4% rule question

There's no reason. You should go back to wherever you read that and ask them what their reasoning is.
by AlohaJoe
Mon Oct 08, 2018 2:37 am
Forum: Investing - Help with Personal Investments
Topic: Bond funds in the news - ignore the noise?
Replies: 1
Views: 469

Re: Bond funds in the news - ignore the noise?

Ah, more predictions from the guy who said things were overvalued in 2011, that high inflation was right around the corner back in 2009. He said in 2011, "I'm here to tell you [inflation] is going to 10%." And also, "There will be a gold standard again in your lifetime, if not mine." And, when asked...
by AlohaJoe
Mon Oct 08, 2018 2:17 am
Forum: Investing - Theory, News & General
Topic: "Retirement age uncertainty increases the savings needed for success"
Replies: 46
Views: 3953

Re: "Retirement age uncertainty increases the savings needed for success"

We need insights into why they are retiring earlier than planned. There are already lots of insights around this but it is less definitive than you might expect. For instance, the Society of Actuaries found in 2013 Even though retirement was voluntary, most of the participants retired in response t...
by AlohaJoe
Sun Oct 07, 2018 11:40 pm
Forum: Investing - Theory, News & General
Topic: "Retirement age uncertainty increases the savings needed for success"
Replies: 46
Views: 3953

"Retirement age uncertainty increases the savings needed for success"

David Blanchett of Morningstar Research has a newish paper, The Retirement Mirage , about the uncertainty of when we'll actually retire and its impact on retirement planning. On this forum, KlangFool is an especially vocal reminder of this, but Blanchett brings some data & pretty pictures to the arg...
by AlohaJoe
Sun Oct 07, 2018 7:59 pm
Forum: Investing - Theory, News & General
Topic: 40-60% drawdown in bonds
Replies: 42
Views: 3742

Re: 40-60% drawdown in bonds

See, for example, continual use of the term Safe Withdrawal Rate for what the original authors called a Sustainable Withdrawal Rate. Lucky coincidence about the initialisms, right? This is wrong and exactly backwards. Here is the 1994 article by William Bengen that invented/discovered/whatever the ...
by AlohaJoe
Sun Oct 07, 2018 6:58 am
Forum: Investing - Theory, News & General
Topic: SimpleGift, Siamond: With slowly rising rates, what has happened historically? And an inflation observation!
Replies: 3
Views: 507

Re: SimpleGift, Siamond: With slowly rising rates, what has happened historically? And an inflation observation!

There were slowly rising rates several times in the past. 1955-1956, 1961-1964, 1996-1998. Probably others, depending on one's definition of "slowly rising just like today's current slow rise".

https://fred.stlouisfed.org/series/FEDFUNDS
by AlohaJoe
Sun Oct 07, 2018 6:28 am
Forum: Investing - Help with Personal Investments
Topic: Just read book RESET [Portfolio help - UK living in Channel Islands]
Replies: 12
Views: 984

Re: Just read book RESET

How can I find the others, I seem to be battling with finding the symbols for: FTSE U.K. All Share Index Unit Trust - Accumulation Emerging Markets Stock Index Fund - Accumulation Japan Stock Index Fund - Accumulation Pacific ex-Japan Stock Index Fund - Accumulation If you go to Vanguard's page, yo...
by AlohaJoe
Sun Oct 07, 2018 6:04 am
Forum: Investing - Help with Personal Investments
Topic: Just read book RESET [Portfolio help - UK living in Channel Islands]
Replies: 12
Views: 984

Re: Just read book RESET

For most, or all, of those you should be able to find an ETF equivalent. Then buy the ETF through your broker, presumably on the London Stock Exchange. Though I don't know the details of how taxation works for you. For instance, instead of "FTSE Developed Europe ex-U.K. Equity Index Fund - Accumulat...
by AlohaJoe
Sun Oct 07, 2018 12:20 am
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11522

Re: “It’s probably wise to sell to the sleeping point.” - Jack Bogle

Well, if I recall, he has been warning about lower returns for more than 2 years. :) The earliest source I can find for Bogle warning about lower returns is a 1991 article in the Journal of Portfolio Management where he warned that The point of these examples is that the model sets the framework fo...
by AlohaJoe
Sat Oct 06, 2018 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: The Psychological Dimension Of The Transition To Retirement
Replies: 25
Views: 2804

Re: The Psychological Dimension Of The Transition To Retirement

but I find myself apprehensive nonetheless at the prospect of no longer having a paycheck deposited into my account every two weeks. What, if anything, did you read or do to increase your level of confidence that the transition to retirement would not result in insecurity? Here are some of the thin...
by AlohaJoe
Sat Oct 06, 2018 12:17 am
Forum: Personal Finance (Not Investing)
Topic: 20 countries where 200K in retirement savings will last you decades
Replies: 75
Views: 8940

Re: 20 countries where 200K in retirement savings will last you decades

I'm sure you would recommend at least one of those countries, right? :wink: Though I live in Vietnam and enjoy it, I don't "recommend it" per se. In the same way that if I lived in rural America I wouldn't "recommend it" or if I lived in Manhattan, I wouldn't "recommend it". Different people have v...
by AlohaJoe
Fri Oct 05, 2018 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: 20 countries where 200K in retirement savings will last you decades
Replies: 75
Views: 8940

Re: 20 countries where 200K in retirement savings will last you decades

Ecuador Nicaragua Thailand Belize Panama Costa Rica Malaysia Spain The Philippines Peru Portugal Colombia Mexico Cambodia Vietnam Dominican Republic Ukraine Slovenia Malta Uruguay Technically they say they are places where you need to have $200,000 plus $1,360 in Social Security, giving you about $...
by AlohaJoe
Thu Oct 04, 2018 4:05 pm
Forum: Investing - Theory, News & General
Topic: When does a stock become a bond before moving back to a stock again
Replies: 47
Views: 2261

Re: When does a stock become a bond before moving back to a stock again

Sailorgirl wrote:
Thu Oct 04, 2018 3:44 pm
Nextera Energy, NEE
It has a beta of 0.27

In any case a bond is a legal contract, guaranteeing payments and you can take them to court if they miss the payment or reduce it.

No stock is like that, no matter what the beta is. That's the difference and why they are not really interchangeable.
by AlohaJoe
Wed Oct 03, 2018 5:06 pm
Forum: Investing - Theory, News & General
Topic: A simple moving average timing model using stocks and treasuries
Replies: 36
Views: 2025

Re: A simple moving average timing model using stocks and treasuries

There are lots of books about it and lots of articles about it. Like this one about how it doesn't work anymore https://www.barrons.com/articles/a-venerable-market-timing-tool-no-longer-works-1537963201 Moving averages have been around since at least the 1930s. Have you read any of the voluminous li...
by AlohaJoe
Wed Oct 03, 2018 4:53 pm
Forum: Investing - Theory, News & General
Topic: Is an emergency fund just about market timing?
Replies: 103
Views: 5538

Re: Is an emergency fund just about market timing?

And as JoMoney points out, the stock market has no obligation to be open during your emergency. ;) Neither do banks or credit cards, so I'm unclear what options people are suggesting? Keeping six months in cash in a safe in the house? I can use my credit card or debit card *right now* Credit cards ...