IIRC there was a European guy on here this year or last. He was describing how they don't use safety chains. They only require the safety cable. IIRC there was a whole thread about it. I thought he was Norwegian or Finnish.
Our distinguished colleague from the north is correct. I learned this from a wise sage that people whose surnames that can be used as a first name are typically nefarious creatures of low character, poor humor and rotten feet. It has nothing to do with your race, religion, sexual orientation...
I grew up in the East Bay. We had small quakes often. One particular one scared the crap out of me. It wasn't a roller. It was like somebody hit the building with a huge sledgehammer. It was a short sharp shock. The Loma Prieta was a roller that kept on rolling but wasn't as knarly as that one pop.
That sounds good to me but he said he's a student. He might not have $7k of earned income. Also I don't think he's over 50 and would be limited to $6k.
However I applaud your idea. Prudent financial moves aren't the norm around here.