2006-09-14 03:36:55 · 17 answers · asked by wheelrim 2 in Business & Finance ➔ Investing
Of course your dad was joking. Did you ever find his cash in the family fridge ? Just invest it wisely in the best accounts possible
2006-09-14 03:41:20 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Literally this would be bad advice. Cash depreciates and currency gets recalled so that over time it would loose value. Figuratively, this could be very sound advice. Cash enables you to offer sellers immediate gratification. As the saying goes, "In a recession, cash is king." So in that circumstance, having cash on hand is a very good thing.
2006-09-14 10:14:45 · answer #2 · answered by TristanBrandt 1 · 0⤊ 0⤋
Yes, no, maybe! It could be a joke. But, it may be a good safe place to hide money. I not think a Thief would be looking there except to get a cold Beer. But, you never know, the Thief may want some Cold "Lettuce"!
2006-09-14 03:49:41 · answer #3 · answered by Snaglefritz 7 · 0⤊ 0⤋
does dad have a paranoia about banks kinda like putting your money under your bed, he may also mean have some cash on hand always in case you need to make a quick evacuation in case of say a hurricane like Louisiana,or any other natural disaster where banks/computers may be down.
2006-09-14 03:47:18 · answer #4 · answered by moglie 6 · 0⤊ 0⤋
no it was his way of saying...dont spend everything you make save some you never know when you may need some hard cash fast..in other words save for a rainy day (thats the way my dad put it)
2006-09-14 03:42:29 · answer #5 · answered by little_outlaw_angel 3 · 0⤊ 0⤋
no he wasn't joking - hard cold cash is king and getting in the red is not!
2006-09-14 03:40:04 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Just a saying but good advice, save your money for a rainy day!There is another one for ya.
2006-09-14 03:46:28 · answer #7 · answered by Skeeter 5 · 0⤊ 0⤋
he's joking! you dont need to refrigerate your money to have a cold cash.
2006-09-14 03:43:30 · answer #8 · answered by Daniel Ira L. Cuevas 2 · 0⤊ 0⤋
dont think he actually meant keep it in the fridge
2006-09-14 03:45:05 · answer #9 · answered by mz.hunnie 3 · 0⤊ 0⤋
If that means freezing your credit card in a block of ice - no.
2006-09-14 04:48:44 · answer #10 · answered by kcincon 3 · 0⤊ 0⤋