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FluMom
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Topic: Where To Invest MoneyPosted: March 11 2012 at 12:09am |
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With Iran, the economy (few jobs, high government spending), rising gas and food costs, and all the other stuff like H5N1, sun storms, etc...
where are you spending all of your "extra money" or savings. In the past 5 years with a sick and dying husband I quit doing much prepping. Now I am scared and back to getting food and emergency preps for two bug out bags. I was wondering am I nuts or are others doing the same? |
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Always Be Prepared
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jacksdad
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Posted: March 11 2012 at 12:51am |
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I've started on my preps for the first time in a while. Not really sure what the trigger was that got me moving again, but I know we have to be prepared for whatever might come our way.
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"Buy it cheap. Stack it deep"
"Any community that fails to prepare, with the expectation that the federal government will come to the rescue, will be tragically wrong." Michael Leavitt, HHS Secretary. |
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Turboguy
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Posted: March 17 2012 at 1:59am |
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First off, I'm heavily invested in steel, copper, lead and brass.
Seriously though, I've invested in RIG (AKA Transocean) as I see oil skyrocketing with the weirdness going on over here and worldwide consumption is huge and will only grow as India and China modernize.
Since I enjoy world politics I tend to heavily invest in commodities, with energy taking up the lion's share. Energy's got intrinsic value and unlike Precious Metals, there's no possibility that they'll be worth zero unless the entire economy takes a crap at which point it's not going to matter anyway.
For SHTF Precious Metals Bar stock is fun and all as are coins, but I try to stay away from that kind of thing. If inflation rears its ugly head, and it already is starting to, and the dollar takes a complete crap it'd be pretty stupid of me to be trying to buy groceries with a bar of gold that's worth fifty times what the groceries are worth. I'm not exactly going to get change for my purchase.
Instead I've bought simple silver and gold rings. Not a huge pile of them, just a bunch, if that makes sense. I go get my stuff, take off the ring, hand it to the "Store" owner, take my food/supplies and be on my merry. Also if I get robbed, a *VERY* likely situation post SHTF, I'm out a single little ring, not a bar that was worth fifteen times that ring I just lost. Also I can go totally inconspicuous and wear the ring on my toe.
Otherwise I do the can thing and have a big pile of MRE's, with three per grab and go. I did the ones with the water packets inside.
Last on the list, but certainly not least, is land. I've bought, with my brothers and father, a nice spread that's got its own lake ON THE PROPERTY and we own everything around it. Best part is that it's far enough and out of the way enough that the likelihood of someone finding it is low, and it's easily defensable.
I'm not doing it because I'm scared. I do it because... well... it's fun and it's one less thing I'm going to have to worry about.
Also I suppose I'm quasi nuts. But who isn't?
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Liberals claim to want to give a hearing to other views, but then are shocked and offended to discover that there are other views. - William F. Buckley
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FluMom
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Posted: March 18 2012 at 4:55pm |
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Dang, love to have land but can't afford. I have a friend who had a cabin a little farther up the foothills but not sure far enough to make a difference. I may have a bug out place to go to but not really sure if I would want to deal with some of the problems there.
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Elver
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Posted: March 26 2012 at 10:57pm |
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Some of our extra money went to buying things such as shoes, clothing, soaps of all kinds, shampoos, TP, food wraps, garbage bags etc. My idea is that if I stock up on those things that I know I'll use in the future I won't have to buy them later on at higher prices. Grocery prices are rising faster than any amount of interest you can get at a bank. Spend some time with a notepad & jot down all those items that you know you'll need over the next 10 years & start buying a little extra now. Clothing is practically all imported. Will you need a new winter coat in a couple of years? Need shoes or socks? Buy them now. Food is also a good thing to stock up on because if we have a "bank holiday" where they devalue the money then grocery stores may be empty for awhile or simply not have everything you're used to.
If you want to invest in the stock market, invest in commodity related companies such as food, agriculture, oil, or metals. All the people retiring will need healthcare, so I personally, have some Becton Dickinson stock. Ever been to a hospital and seen B-D on everything?
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Elver
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FluMom
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Posted: March 27 2012 at 2:30pm |
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Elver I agree with you that is why I am spending money on our BOBs and more freeze dry food. I don't use can food so I am suck buying fresh food. Don't eat much meat either.
I like the Becton Dickinson stock idea and yes I have seen B-D on everything at the hospital! |
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Evergreen
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Posted: April 04 2012 at 9:14am |
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No FluMom, you're not nuts, you're smart!! I've been around since 2006 and have bought lots of food, etc. The food has to be used or it gets old. I just found 2007 cans that had to be thrown out. What a waste. just bought a Generac 10kw standby generator. It sits outside my house, hooked up to gas and breaker box. When power goes off for more than 20 seconds, it automatically comes on. Runs whole house. Had plug installed so my neighbor can run an extension cord. I'm hoping gas will be one of the last things to stop.
I like the precious metals. Altho it is correct that a bar of metal will be hard to use for buying every-day stuff. Coin is preferred. Also, many are buying pints of alcohol, cigarettes, etc for barter. Stocks are favored in gold-mining companies; Barrick is big. Look in Canada, too. Jewelry and loose gemstones are also favored. Easily used for purchase and very easy to carry. D |
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235365 - Energy follows thought. As you think, so you are.
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FluMom
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Posted: April 04 2012 at 4:14pm |
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I was thinking about what is worth something driving home today!!! I can't eat gold and if times are bad like the siege of St. Petersburg. People could not give gold, jewelry, and furs away for food and wood (for warmth) since there was no food or wood!
So, I am spending money on BOB's and food right now. Never had BOB's but with kid going to college had to get it together so he can get home. Gee Evergreen, I am jealous of your Generac! Looked at one of those but can't afford and I live in an area where people would know I had and they did not...not good. I have taken another way...I am trying to go totally without electic in bad times. I am going through all my small freezer fish and meat and am going to shut it down. I will be up with the sun and sleep when it goes down, wood stove for heat and cooking as well as solar oven and a Kelty Kettle for quick hot water. I am willing to do without electric but I keep buying freeze dry food because it will be good for 20 - 30 years. Water and food are two things I am not willing to do without. My child will have to make a decision what to do after I am with My Lord but I will leave him with the ability to survive. |
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Turboguy
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Posted: April 05 2012 at 3:44pm |
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Is your generator gasoline or diesel? It might be a good idea to look into getting your hands on a diesel generator. If you live in the east or some other places, you can get your hands on #4 heating oil which is basically diesel fuel, dyed red so people don't use it in their cars. It's untaxed as road fuel, so is actually very, very cheap and you can buy it by the barrel. Gas will stop as soon as the electricity stops. (Bout the same time the water turns unpotable.) I guess if you live near a gas station you might be able to use your generator to supply power to the gas station and get the pumps working long enough for you to get some more fuel. Problem with that is that you'll incur loads of attention walking down the street with a generator or better yet when you fire it up at the gas station and start pumping gas out. Probably wind up having to get medieval on someone over your generator or the fuel you pumped out. |
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Liberals claim to want to give a hearing to other views, but then are shocked and offended to discover that there are other views. - William F. Buckley
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Evergreen
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Posted: April 05 2012 at 4:02pm |
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Turbo - Greetings. My generator is hooked up to my gas line, so no filling with 5-gal cans. This will work well until the gas line stops gas. Then, I'm toast. Should be thinking like FluMom. Anyway, it will suit me just fine for all the snowstorms, wind power outages, etc. we seem to get pretty regularly. No, I will definately NOT be powering the local gas station (lol). Thanks for the tip on the oil. D
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235365 - Energy follows thought. As you think, so you are.
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FluMom
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Posted: April 06 2012 at 10:45pm |
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Thank you for the compliment Evergreen, "Should be thinking like FluMom."
I have had lots of time to figure out what to do in the worst case. My mama is an old farm girl and they did without so that is where I figured I would start. I am going back to pioneer days when TSHTF. I can cut off all of my house from my family room with the wood stove and I have a bathroom right off the family room so the pipes there will not freeze in that room. Easy to stay really warm in one room. I still have to get a striling fan for my stove and a battery fan to move the heat into the bathroom. Makes me think... if I turn off my main water and let my faucets run so my pipes drain, will this keep the pipes from splitting if frozen??? Anyone out there can you confirm this? I am not getting any younger but I am thinking of buying a one/two man felling saw so I/my kid can saw down trees for my stove. Takes 2 years to season the wood so you have to think ahead. I just do not want to have to depend on electric, gas, or gasoline. I only need a car to go get water in areas only 2 -3 miles from my home. So as long as I have full tanks in my cars I will be good for a long time. I also have a 4 wheel cart that will carry 300 lbs that I can walk 2-3 miles with for water. Hate that idea but can do it if I have to. Evergreen, you did good with your Generac I wish I had one! |
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Evergreen
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Posted: April 09 2012 at 9:06am |
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Thanks FluMom. Install on Friday. Like we're now going to have weather that would need it. Oh well, at least I'm ready. Love instant gratification. NOT. Others may know more, I have heard it is the expanding water in the pipes that cause it to swell; it splits, then on warming a leak is born. Everyone I know drains their hoses, bibs and outside lines for winter to prevent that from happening. Good luck. Miss you. D
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235365 - Energy follows thought. As you think, so you are.
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Evergreen
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Posted: April 09 2012 at 11:07am |
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Just a couple questions...........Charlie McGrath Wide Awake News
While the majority of Americans are oblivious to the warning signs around them, recent actions taken by our government and the governments of other industrialized nations suggest The Powers That Be know very well where we're headed. They are and have been taking steps for quite some time to prepare for what is coming next. -What is the purpose of the National Defense Authorization act unless they plan on indefinitely detaining American citizens without charge or trial? -Why does the President of the United States (and his proxies) have the ability order the assassination or execution of an American citizen, again without trial, charge or reason? -For what reason does President Obama's "Doomsday" executive order (National Defense Resources Preparedness) allow the seizure of food, land, energy resources and skilled laborers? -Why is the Pentagon actively war-gaming economic collapse scenarios and the civil unrest that would follow such an event? -With roughly 1 million active law enforcement officers in the United States, why is the US military training tens of thousands of personnel for domestic urban response, riot control and mass detentions? -For what purpose do we require some 30,000 armed surveillance drones over American cities? -Why has the Department of Homeland Security acquired in excess of 140 million emergency rations, over 450 million rounds of ammunition, bullet resistant checkpoint booths, and expedited the regionalization of supplies. Just askin....... D |
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235365 - Energy follows thought. As you think, so you are.
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FluMom
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Posted: April 09 2012 at 8:38pm |
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Good questions Evergreen! Kind of scares me, will our food we have purchased be taken? Who will tell we have supplies?
Anyone out there can answer that one? |
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Evergreen
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Posted: April 10 2012 at 10:13am |
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I do know one thing, FluMom, when bush Sr. attacked Kuwait, the US used an energy weapon (not the right word) that implanted the emotion "fear" into the brains of the Republican Guard (crack fighters), who all surrendered in mass. The reason that was done was because the US expected a huge fight from these troops and wanted to "save lives. Point being, if that weapon was used on US citizens, say to get them to comply with a demand to turn over all food and weapons, can we really resist? Those hardened fighters sure couldn't. BTW, that same weapon can cause death or cause a person to commit suicide. Not very ethical, I'd say. Don't take my word for it, research it yourself. Love ya, D
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235365 - Energy follows thought. As you think, so you are.
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Penham
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Posted: April 10 2012 at 11:39pm |
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I suppose anything paid with a credit card could be tracked? The governnment could pretty much do anything they want I am guessing (if they wanted to). Wouldn't they be able to find who who purchases what from survival places? I think they pretty much track everything. |
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FluMom
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Posted: April 11 2012 at 1:14pm |
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Scary! Hope I have so little that they will not pay attention. I bet that it would take lots of time to go back several years to see who has food. Not sure but scary!
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