If you had a large sum of money in the bank what would you do with it? | |
Anonymous Coward User ID: 72436073 ![]() 05/16/2021 12:01 PM Report Abusive Post Report Copyright Violation | |
BRIEF User ID: 79662918 ![]() 05/16/2021 12:03 PM ![]() Report Abusive Post Report Copyright Violation | The same lesson can be learned in sports: Don't start running until you know where the ball is going to land... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. ![]() |
Anonymous Coward User ID: 72436073 ![]() 05/16/2021 12:04 PM Report Abusive Post Report Copyright Violation | First, don't take advice from people who are broke. Quoting: Anonymous Coward 73244420 If you are not debt free, get there, don't even take zero percent loans, as there is precedent to revalue loans to Gold even in the absence of a Government holding Gold during a collapse. Get away from population centers move to a rural area where state and local government support your world view. Ideally an area where intentional communities are already established who support your world view. Become part of an intentional community of other people you can trust. Focus on production not consumption. Make sure you are a net producer of food, water, shelter, power, security, medical, communication, intelligence, and community. While things remain calm establish a variety of businesses that produce and maintain inventory in the categories above. So when the balloon goes up, you are sitting on means of production and inventory of the things you need. Opposite Move to population center open a pawn shop |
Lime Flavoured Redux User ID: 80363218 ![]() 05/16/2021 12:05 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 74894296 ![]() 05/16/2021 12:06 PM Report Abusive Post Report Copyright Violation | |
cryptoLyme User ID: 10648024 ![]() 05/16/2021 12:06 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79844264 ![]() 05/16/2021 12:10 PM Report Abusive Post Report Copyright Violation | Search and research for a good piece of land near a lake or river not necessarily with a house on it, demanding maintenance. And a good inexpensive Rv. You can rent it for hunting and fishing with it generates an income and all of this is better than paper that at some point could evaporate phoof gone adios. |
beeches User ID: 78973486 ![]() 05/16/2021 12:12 PM ![]() Report Abusive Post Report Copyright Violation | You need wheels if you ever have to get out of dodge fast...natural disaster, someone is after you, etc. Always have a mountain bike with tough tires. And if you have several kids? Then get several bikes. You can’t be that stupid. Get everyone a bike a backpack. You know what to do. yup and a bike repair kit or two. we only have each other. And that makes us rich.. . . Wisdom in the man, patience in the wife, brings peace to the house and a happy life. |
President Elect Elect User ID: 73852292 ![]() 05/16/2021 12:12 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79491878 ![]() 05/16/2021 12:12 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79336278 ![]() 05/16/2021 12:15 PM Report Abusive Post Report Copyright Violation | You really don't want your money anywhere somebody can enter it online so you can be tracked. Stop using Amazon, too. They sell your IP address and name to credit card companies and social trackers for "security" reasons. |
The Gullible Skeptic User ID: 70011787 ![]() 05/16/2021 12:17 PM Report Abusive Post Report Copyright Violation | INTP/8w9 Ennegram "You can't teach anyone anything but they can choose to learn" -Me- "To exist is to destroy"-Me- "Specialization is for insects" -Robert Heinlein- Nine Noble Virtues: ODINISM: Truth,Courage,Honor,Fidelity,Discipline,Hospitality,Self Reliance, Industriousness, Perseverance |
Johnny Balls User ID: 78469855 ![]() 05/16/2021 12:18 PM ![]() Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78343617 ![]() 05/16/2021 12:18 PM Report Abusive Post Report Copyright Violation | |
GLP Effect User ID: 79302103 ![]() 05/16/2021 12:20 PM ![]() Report Abusive Post Report Copyright Violation | Fill a swimming pool with it, do a few swan dives, then set it all on fire. ![]() Aliens don't exist! [link to www.youtube.com (secure)] |
BRIEF User ID: 79662918 ![]() 05/16/2021 12:23 PM ![]() Report Abusive Post Report Copyright Violation | It's smart to have liquidity...Every ten years you can count on an emergency that will cost you at least ten thousand bucks...That could be a car giving out and you must replace it, or any number of things... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. ![]() |
Arkansassy User ID: 76716753 ![]() 05/16/2021 12:23 PM ![]() Report Abusive Post Report Copyright Violation | My theory that I call "The do something disease" comes into play here...Usually, the best course of action in situations such as these, the best thing to do is nothing...even when your gut is screaming that you need and must act and DO something...Don't. Quoting: BRIEF The law of unintended consequences sets you up for failure...By doing nothing, you avoid many mistakes and having money in the bank in never ever a bad thing... Brief is one of the few people commenting on these threads who has experience with money. I can tell. We may be headed for an event that changes things, but I personally have been waiting for such an event for over a decade, and it’s been forecast since before 2001, so I hear. I personally don’t think the dollar is headed to zero. But even if it is worth 40% less in four months or whatever, it’s still money in the bank. There’s something to be said for having stored food, and some metals, but there’s only so much silver a person can carry. If you're going to leave me red, please be specific about why I am a cunt. Otherwise I'll assume you're just tarded. |
Anonymous Coward User ID: 80366890 ![]() 05/16/2021 12:24 PM Report Abusive Post Report Copyright Violation | |
Triteia User ID: 80292631 ![]() 05/16/2021 12:28 PM Report Abusive Post Report Copyright Violation | The worst thing you could do is buy a new car. Anyone can get financed for a new car. The most wise thing would be to buy a home. You have a good down payment for a home. Buy a lot of land that you can plan on building a home on if you are unable to get into a home right now. Everyone needs to be planning to take care of their families. Top priority. Triteia |
Anonymous Coward User ID: 80369487 ![]() 05/16/2021 12:34 PM Report Abusive Post Report Copyright Violation | |
Johnny Balls User ID: 78469855 ![]() 05/16/2021 12:35 PM ![]() Report Abusive Post Report Copyright Violation | It's smart to have liquidity...Every ten years you can count on an emergency that will cost you at least ten thousand bucks...That could be a car giving out and you must replace it, or any number of things... $10K is chump change. If you keep large sums of money in a bank you’re losing value from inflation. I never buy anything with my own money. I borrow a good rates. My investments cover it and then some. Also never use a debit card. Credit cards only. Pay on time in full. Build credit and use someone else’s money to finance you short term. Again your investments make you money. Jack Eye Xhekaj |
Anonymous Coward User ID: 80364853 ![]() 05/16/2021 12:37 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 69768363 ![]() 05/16/2021 12:38 PM Report Abusive Post Report Copyright Violation | |
BRIEF User ID: 79662918 ![]() 05/16/2021 12:38 PM ![]() Report Abusive Post Report Copyright Violation | My theory that I call "The do something disease" comes into play here...Usually, the best course of action in situations such as these, the best thing to do is nothing...even when your gut is screaming that you need and must act and DO something...Don't. Quoting: BRIEF The law of unintended consequences sets you up for failure...By doing nothing, you avoid many mistakes and having money in the bank in never ever a bad thing... Brief is one of the few people commenting on these threads who has experience with money. I can tell. We may be headed for an event that changes things, but I personally have been waiting for such an event for over a decade, and it’s been forecast since before 2001, so I hear. I personally don’t think the dollar is headed to zero. But even if it is worth 40% less in four months or whatever, it’s still money in the bank. There’s something to be said for having stored food, and some metals, but there’s only so much silver a person can carry. Early last year when the market dropped 20%, my broker and I were discussing what others were doing. I said, what was the look on their faces when you told them we are doing nothing? But as we knew it would, the market recovered and then grew an additional 45%, a 65% improvement! And if you "pulled out" you would have screwed yourself...LOL I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. ![]() |
The Gullible Skeptic User ID: 70011787 ![]() 05/16/2021 12:44 PM Report Abusive Post Report Copyright Violation | My theory that I call "The do something disease" comes into play here...Usually, the best course of action in situations such as these, the best thing to do is nothing...even when your gut is screaming that you need and must act and DO something...Don't. Quoting: BRIEF The law of unintended consequences sets you up for failure...By doing nothing, you avoid many mistakes and having money in the bank in never ever a bad thing... Brief is one of the few people commenting on these threads who has experience with money. I can tell. We may be headed for an event that changes things, but I personally have been waiting for such an event for over a decade, and it’s been forecast since before 2001, so I hear. I personally don’t think the dollar is headed to zero. But even if it is worth 40% less in four months or whatever, it’s still money in the bank. There’s something to be said for having stored food, and some metals, but there’s only so much silver a person can carry. Early last year when the market dropped 20%, my broker and I were discussing what others were doing. I said, what was the look on their faces when you told them we are doing nothing? But as we knew it would, the market recovered and then grew an additional 45%, a 65% improvement! And if you "pulled out" you would have screwed yourself...LOL I would hope the market would "recover" they printed basically 2 years of American GDP. INTP/8w9 Ennegram "You can't teach anyone anything but they can choose to learn" -Me- "To exist is to destroy"-Me- "Specialization is for insects" -Robert Heinlein- Nine Noble Virtues: ODINISM: Truth,Courage,Honor,Fidelity,Discipline,Hospitality,Self Reliance, Industriousness, Perseverance |
Butch DeFeo The Great Bafflement commences... User ID: 11007908 ![]() 05/16/2021 12:44 PM ![]() Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 79410182 05/16/2021 12:47 PM Report Abusive Post Report Copyright Violation | THE BEAST [link to www.chick.com (secure)] |
Anonymous Coward User ID: 80250370 ![]() 05/16/2021 12:50 PM Report Abusive Post Report Copyright Violation | |