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Thank you. Whats your opinion re personal prepardness in terms of your financials? Leave cash in bank? Withdraw some? Withdraw plenty? Keep it in USD or convert

• toomuchtodo 7y ago
  Don't lose your job. Strengthen your professional network, ensure you can land somewhere else rapidly if your role evaporates. Keep at least 6 months expenses in an FDIC insured savings account (although if you haven't done this already, it's too late to liquidate investments to have those cash reserves on hand without locking in losses assuming you've been invested during recent high volatility). Keep cashflow positive as much as possible, don't incur debt needlessly. Converting to other currencies is going to incur a currency risk that is unlikely worth hedging at such a small scale. I wouldn't go so far as to keeping cash on hand beyond what you'd normally have; if things get that bad, cash will be your least concern. ATM card access is sufficient. Disclaimer: I am not your certified financial planner/manager, but I do manage the finances and assets of others gratis. This advice is the same advice I practice myself.