In recent months we’ve run several poems in praise of that most bedrock of assets—cash. We’ve also parodied some work by Rudyard Kipling. This week we combine these approaches in a financial verse titled "Ready Cash," which employs the verse structure of Kipling’s immortal "Gunga Din."
Ready Cash
You may talk of stocks and bonds
When they act like magic wands
And to rake it in you only have to play;
But when the markets tumble
You’ll talk a lot more humble
‘Cause in trading slumps there’s always hell to pay.
It’s in these disturbing times
That a certain asset shines
An asset scorned when you were puffed and brash;
Though for pros it’s much too tame
You’ll embrace it without shame
When the going's rough, you’ll want that ready cash.
For it’s cash, cash, cash,
That sees you through a crash.
Your best friend in a downturn’s ready cash.
I kept some in a drawer
And underneath the floor
Then forgot about it while the market soared.
Each day old highs were bested
My faith was never tested
I made my nut and then queued up for more.
In paper wealth I basked
Will it last? I never asked.
I assigned all scary headlines to the trash.
Then the reckoning arrived
And the way that I survived
Was by tapping my nice stash of hidden cash.
For it’s cash, cash, cash,
That sees you through a crash.
Though in high times you ignore it
When a crunch comes you’ll adore it.
It’s the mother’s milk of assets, ready cash.
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