There are downsides to the jumping in approach. The number of times I've had to redo things because I just wanted to see progress, and a little more research might have provided greater illumination up front. I do a lot of planning, but often feel unaccomplished when doing that prep work, and just want to get started to see physical progress on something.
In other news, this weekend, I'm rebuilding my hydroponics racks for the third time to adjust all the heights between shelves...
I could keep bond paper safe, but to convert back out of it to pay my employees or to show proof of funds in order to purchase a new property, I’d still need an institution to go through.
I was hoping there was a list someone had put together of banks or credit unions that were in a more solid position. Since they are really all just mini branches of the Fed buying US Treasury notes when told too, I imagine all of them will feel that crunch at some point or another. Still I had hope some were “better” and that someone had done some digging to learn that. Banking is not my area of expertise.
Was just listening to an episode of the Wealthsteading Podcast about this. https://wealthsteading.com/410-2/
In short, he's mostly in cash right now, parked in money market funds. #nfa #dyor
Yeah I listened to that the other day. Gives a good idea on what vehicle to use, I'm still concerned about what institution to park it with/through. I'd hate to get the "All depositors will be covered, we just need 3 months to investigate." type BS if the bank I choose goes belly up.
I asked this as a reply, but figured I’d ask everyone out there too.
So, as I expect we’ll see many banks fold up, where should I keep a chunk of fiat for the next 2-12 months?
Is there a way to tell if a bank is more solvent than another?
I’m about to sell a house I flipped so getting a chunk of US Space credits >$250k. This will be used as operating capital for my business and then to purchase some new remodel project when I come across one. Even if the government covers all depositors (or I split between banks to stay within FDIC limits) if I’m in a bank when it goes, I fear there will be a period my funds are inaccessible as it gets bailed out. Because my time preference on this is measured in months but I’m not sure how many months, I’m concerned about the volatility of BTC to keep if all there (not to mention, I’m not even sure where to do a transfer that large in and out of BTC).
#grownostr #bankdeath
So, as I expect we’ll see many banks fold up, where should I keep a chunk of fiat for the next 2-12 months?
I’m about to sell a house I flipped so getting a chunk of US Space credits >$250k. This will be used as operating capital for my business and then to purchase some new remodel project when I come across one. Is there a way to tell if a bank is more solvent than another? Even if the government covers all depositors (or I split between banks to stay within FDIC limits) if I’m in a bank when it goes, I fear there will be a period my funds are inaccessible as it gets bailed out. Because my time preference on this is measured in months but I’m not sure how many months, I’m concerned about the volatility of BTC to keep if all there (not to mention, I’m not even sure where to do a transfer that large in and out of BTC)
Been working on plans for my next project. This is a spec build in Carlton, OR. Possibly to be sold as a vacation rental, possibly to an owner-occupant. Looking for any thoughts/feedback on the layout before I dive into tweaking the final details and creating construction documents.
This is a corner lot, with the west wall being the front facing the Main Street, and the South (gable wall) facing the dead end side street (side street is only as long as this property).
At this point welcoming any and all comments
#grownostr #construction #yamhillvalley #realestateinvesting
https://void.cat/d/9RfLT7XTKs2y3icZvRR2FJ.webp
https://void.cat/d/VcwMQum2vhroJhB3aEvCFt.webp
This is a play list I put together of a full seminar on making and using #biochar it is an amazing eduction and all free. #grownostr #permaculture #gardening
https://www.youtube.com/playlist?list=PLpHUZsnFSzdK7q3vXCgBF0UxaPS2Q9pW0
Just watched these the other day. I need to figure out how to build a big retort like that. Most of my fuel is from construction sites or forest slash and cutting either down to barrel retort size just isn’t going to happen.
In case you want to hear the beat of the war drums . . .
#[0]
Read full article here 👉 https://archive.ph/2O5qb
Oh God, the ignorance hurts my brain. Why did I try to read this first thing in the morning?
Upper left icon
Settings
Then change the default zap amount
Then it pops open a lightning invoice to the new amount.