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?
Others have already mentioned great things to stock up on. In addition to the typical beans and rice, let's not forget the value of toilet paper, both for barter and for personal use, but especially barter. Also, if you can safely store it, gasoline will likely be a great barter item. Cigarettes or anything nicotine for the addicted going through withdrawals.
Bullets, bullets, bullets (and the guns that use them). When the SHTF we are going to see some wild shit going down. Remember the craziness at the pumps when there was a so-called gasoline shortage? People pumping it into plastic bags and lined pickup truck beds? That times a thousand on everything, especially food. There will be riots (but they will end quickly because Military). Don't put yourself in the situation where you have to go out for anything at all.
Edit to add: what do you guys think of going to the USPS (US post office) and purchasing a bunch of $200 money orders? You then use those to pay your bills when the banks close, because you know those bills are going to keep on coming (I'm thinking mortage). "U.S. Postal Service money orders are affordable, widely accepted, and never expire."
Interesting idea with the postal money orders. My question tho, what are the advantages, if any, over keeping cash?
Also, don't forget salt! You can cure meat for long term storage without refrigeration with only salt
Good idea on the salt! I have a 50 lb bucket of it. I remember the day the UPS driver delivered that sucker, he was not pleased lol.