What’re you doing for the upcoming economic disaster?

[DoD1776]

How should I prepare?

What should I do with my money right now?

How bad will it get?

What are you guys doing to prepare?

When do you think it will happen?

 

[ArmedCorgi]

I'm watching "Doomsday Preppers". I'm on season two now. Good shit.

 

[DoD1776]

I'm watching "Doomsday Preppers". I'm on season two now. Good shit.

We need a laughing like. Like what Facebook has.

 

[ArmedCorgi]

There is really no way to know the how or what.
That said, you'd be wise to stock up on essentials such as food, water, guns, ammo, medical supplies and things you can barter with. Decide if you are going to bug in or big out and plan accordingly. It is too easy to go over board with trying to hoard everyday comforts etc. You'd be better off focusing on the basics because you will adapt to living without most things we take for granted.

Some wilderness survival courses might be a good idea and also learn how to do and make stuff the old fashioned way.
That is where I'd start.

 

[Podmonkey]

I have ammo. I'll eat lefties.

 

[Deplorable Me]

My wife will be surprised and glad I invested in more guns and ammo right after she gets over being pissed at me.

 

[ArmedCorgi]

My wife will be surprised and glad I invested in more guns and ammo right after she gets over being pissed at me.

Better to ask forgiveness than to ask for permission.

 

[masterswimmer]

What’re you doing for the upcoming economic disaster?

Buying more bargain basement stocks that have increasing yields.

 

[BDinPutnam]

Bricks. Lots of them. And cinderblocks.

 

[Podmonkey]

Bricks. Lots of them. And cinderblocks.

Are you Brick Frog?

 

[tapper3]

What’re you doing for the upcoming economic disaster?

Buying more bargain basement stocks that have increasing yields.

You were trolling me with that one, weren't you?

Double like!!!

 

[ProgSpear]

Buying enough whiskey so when the meds and ammo run out I won't care. And whiskey is spelled in the Irish sense.

 

[stokes]

How should I prepare?

What should I do with my money right now?

How bad will it get?

What are you guys doing to prepare?

When do you think it will happen?

What should you do with your money right now? Send me the $87 you have in your piggy bank.

 

[BMF JK]

My wife will be surprised and glad I invested in more guns and ammo right after she gets over being pissed at me.

Haha x2 on that !

 

[dsdmmat]

How should I prepare?

What should I do with my money right now?

How bad will it get?

What are you guys doing to prepare?

When do you think it will happen?

1)Not worry about it.
2)Buy cheap and sell high
2a) You have 40-50 years to invest in your future.
3) Recessions typically last about 10-17 months.
3a) You might see the prime interest rate go to 10% if the economy starts to overheat and you might see it go back to 0% if it slows down.
4) Nothing more than I am doing now, keep putting money in my 401K and retire in 8-10 years.
5)Anyone making crystal ball predictions will most likely be wrong.

 

[Criticalt]

Buy a house in the country with a good well and solar power.
Then fortify the buildings and surrounding land. Get chickens, hogs, cows and goats.
Use all your money on guns and ammo.
Long range, like your 30.06.
Medium range like an AR
And a couple pistols for daily carry.
Cut shooting lanes in the brush and trees and make sure you can see 360 degrees from your house.
Learn how to use fire to your advantage, its free and very effective for crowd control.
And remember to save the last bullet for yourself.

 

[DoD1776]

Buy a house in the country with a good well and solar power.
Then fortify the buildings and surrounding land. Get chickens, hogs, cows and goats.
Use all your money on guns and ammo.
Long range, like your 30.06.
Medium range like an AR
And a couple pistols for daily carry.
Cut shooting lanes in the brush and trees and make sure you can see 360 degrees from your house.
Learn how to use fire to your advantage, its free and very effective for crowd control.
And remember to save the last bullet for yourself.

That last line haha

 

[DoD1776]

What should you do with your money right now? Send me the $87 you have in your piggy bank.

I have over 1,000

 

[Curmudgeon]

Start slow. A little bit of everything.

Poke around here: commanderzero.com

 

[stokes]

I have over 1,000 [/QUOTE
Whoa! A whole g-note,I wouldnt worry about it,nobody is gonna waste their time chasin ya down for those crumbs.

 

[Jmac00]

Im doing something most people don't think of, we (the wife and I) are going "minamalist" we are getting rid of 90% of our stuff in preperation of moving to an RV in the next two years.. we are gathering food, ammo and nonperishable items.

and for those that don't know it, for the last month or so, the stockmarket has been having a fire sale. Every stock you could want is "on sale"

If you don't have a TDAmeritrade account or an E-trade account, get off your ass and start one. You don't need to be a finacial genus. You just need a couple bucks and some balls

 

[dsdmmat]

Buy a house in the country with a good well and solar power.
Then fortify the buildings and surrounding land. Get chickens, hogs, cows and goats.
Use all your money on guns and ammo.
Long range, like your 30.06.
Medium range like an AR
And a couple pistols for daily carry.
Cut shooting lanes in the brush and trees and make sure you can see 360 degrees from your house.
Learn how to use fire to your advantage, its free and very effective for crowd control.
And remember to save the last bullet for yourself.

Add to that make sure your last stand structure cannot be burned down around you. #wacotx

 

[BDinPutnam]

Add to that make sure your last stand structure cannot be burned down around you. #wacotx

Again.

Bricks.

Cinderblocks.

 

[Marine Cpl]

I'm buying gold and silver coins so that when nobody accepts during food shortages because they are hungry too, I can eat them.

Silver and gold soup is yummy.

 

[ArmedCorgi]

Again.

Bricks.

Cinderblocks.

 

[BDinPutnam]

And semiconductors.

 

[CaseHardened]

Just relax and stockpile RUM.

 

[masterswimmer]

I'm buying gold and silver coins so that when nobody accepts during food shortages because they are hungry too, I can eat them.

Silver and gold soup is yummy.

Must have been countless times throughout history that armageddon or TEOTWAWKI has struck and rendered precious metals worthless for you to have such a negative outlook on them to completely disregard them as a healthy component of a diversified portfolio.

 

[Marine Cpl]

Must have been countless times throughout history that armageddon or TEOTWAWKI has struck and rendered precious metals worthless for you to have such a negative outlook on them to completely disregard them as a healthy component of a diversified portfolio.

No it's just common sense. If an EMP happens and there is no food fuel or anything like that and people are starving, what is a precious metal going to do?

I wouldn't take your gold coin. Would you take my gold coin if your family was starving for your food and tools?

 

[DoD1776]

No it's just common sense. If an EMP happens and there is no food fuel or anything like that and people are starving, what is a precious metal going to do?

I wouldn't take your gold coin. Would you take my gold coin if your family was starving for your food and tools?

Amen, I feel like gold and silver are only useful for a civilized society and a formed society/government.