Uhm...hording? I have about 25% of my net worth in cash. I have no idea what to invest it in. Am I hording? What should I do with it? Buy savings bonds? (Gag, choke!) Give it to President Obama, because, after all, at some point I’ve made enough?
I agree - it used to called "savings."
I expect to hear terms like those from now on, especially if things collapse economically as many fear.
People will be accused by the Government and media of "hording" everything: gold, cash, food, ammunition, water, medicine......you name it.
Those who are "hording" will need to be "dealt with."
We have become the old Soviet Union.
I guess you could say we are “hoarding” cash, too. For the last several years we have made a habit to take everything smaller than a ten dollar bill out of our wallets. That goes into an envelope which we stash in our home safe.
When the envelope contains $100 we seal it up and start on the next one. You’d be surprised how much you can put away in just a few years.
It’s our SHTF cash stash.