I think its an almost guarantee that we're going to see, in the next decade, incredible debt, devaluation of the dollar, high inflation etc.
Assuming that is going to happen, right now, what can we do to best prepare our families?
Invest in these low stocks now? Pay off your debt first and foremost? Put your money in a mattress? Buy things? Refinance and cash back as much as you can at these low 4 3/4 % interest rates?
I don't remember the huge inflation and impact of the past - what are we in for ?
RE: tips from ya'll on how to survive the next decade
Move to Brazil or go overthrow the scumbags in Washington and start over...
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I love Christmas lights. They remind me of the people who voted for Obama. They all hang together; half of them don't work, and the ones that do, aren't that bright.
For those who understand, no explanation is needed. For those who do
not understand, no explanation is possible.
A golf course is a willful and deliberate misuse of a perfectly good rifle range.
RE: tips from ya'll on how to survive the next decade
If you really think things are going to happen as you say, put your investments into things that will keep up w/ inflation. IE Hard assets. I like gold and land. Stock up on guns and ammuntion now.
Getting cash out at the low rates is not a bad idea, itsrisky butcould pay off huge. Say you can get 100k out of your house, and turn that into gold/land.When the stuffhits the fan and we starthyper-inflation your debt will become meaningless because its fixed.you'll owe the same amount of dollars thatare worth less... so you owe less real dollars. On the other hand if we keep deflating, you're screwed.
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Hoyt VTEC 28" @ 74# 283 ft/s
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100 Grn Rcky Mtn Snypers & Stinger 4 Blade
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RE: tips from ya'll on how to survive the next decade
Quote:
ORIGINAL: RainmakerIII
Never ever vote republican again.
Just wondering, how old you really are? I'm guessing Junior High age or so? A grown man could not spout off the crap that you do.
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I love Christmas lights. They remind me of the people who voted for Obama. They all hang together; half of them don't work, and the ones that do, aren't that bright.
For those who understand, no explanation is needed. For those who do
not understand, no explanation is possible.
A golf course is a willful and deliberate misuse of a perfectly good rifle range.
RE: tips from ya'll on how to survive the next decade
HuntingEd thanks for the one honest reply, i appreciate that
the rest of ya'll ? don't prepare, don't think ahead, let it all crumble around you THEN worry about it ..... hey, kinda like what got us to where we are right now huh ? [&o]
we're on the edge of complete economic failure and no one wants to talk about it ? []