Warren Buffett: "If you're living off your paycheck from week to week, you want to have a little cash around — and you certainly don't want to have a credit card that's maxed out."
"But if your house is paid off, if you don't have big living expenses, you've got a portfolio of decent diversified businesses — you don't really need any cash."
"If I were retired and had a million-dollar portfolio of stocks that was paying me $30,000 a year in dividends and my children were grown and the house was paid off and everything — I wouldn't worry too much about having a lot of cash around."
Morning complex of storms north and east of the GTA bringing heavy rain, frequent lightning, small hail and gusty winds.
6am in Brooklin, Ontario #onstorm