Quote:
Originally Posted by skarra
Hopefully we all have a backup plan for falling equities including a cash cushion - if not I'd suggest getting this setup asap.
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Enough cash (not cash equivalent) on hand to pay all bills for 6-12 months is not unreasonable. When the waste hits the proverbial rotating blades, one may not be able to sell (anything) in order to raise cash / buy food, etc. I personally recommend some long-term food storage.