http://www.thesimpledollar.com/2007/02/25/
why-i-keep-cash-under-my-mattress/
Why I Keep Cash Under My Mattress
February 25, 2007 @ 9:00 am – Written by Trent
Categories: Insurance
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It’s true. After all the financial advice I give out on this site, I keep a decent amount of cash “under my mattress” (actually, it’s in another secure place in my home, but it’s effectively the same thing). At first, this seems to fly right in the face of everything I preach on this site. Why isn’t this money at least earning 4.5% in an ING Direct savings account, if not earning a lot more in a mutual fund or something else? No, because this is a different kind of investment.
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Me too. And, gold coins.
Power outages, political instability, or a bank holiday.
There are all sorts of things that can happen. Bail out a relative? How much is up to you? The Mormons keep a year’s food supply. If you practice stock rotation, it can be a hedge against disruption and unemployment.
Everybody should have a stash!
Reinke Faces Life 