Can we have a thread about what the hell to do right now?
🗣️ DISCUSSION 💬
First of all, I'm an idiot when it comes to anything financial. I know many of you aren't. What is the safest thing to do with the money (fiat) that we do have right now? Leave it in our local bank? Credit union? Keep it as cash in my sock drawer? Also, the money in my 401k? Switch it over to bonds or something else I don't fully understand? Any thoughts from someone who's been paying better attention to these things than I?
I’d keep $5k cash at home. Within a couple of weeks of shit going down, cash will be worthless. That amount will get you from point A to your apocalypse destination and will buy you essentials that are available. But only for a week or two. Do you think you’re going to walk around with gold and silver nuggets? Think again. Gold and silver are good to have with a functioning economy. If it truly goes down, ammo and food are the true currency kings on the short term.
Just my little take on it all.