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Wherre to invest/store cash during the econmic upheaval

Discussion in 'Preparedness & Survival' started by djm68, Aug 8, 2011.

  1. djm68

    djm68 Portland, OR Member

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    So, let's say you are in your early 40's, happily married, you have zero debt, kids college is paid for. Let's say you have a fairly sizable amount of money being held in USD. With the current turmoil with the USD, where would you put your cash? Simply holding USD is a losing proposition as inflation is wiping out the value and there are no saving or bonds that offer sufficient returns to mitigate inflation losses. Not to mention I fear the next two years will be especially bad for the dollar.

    Appreciate any input...

    DJM
     
  2. billcoe

    billcoe PDX Platinum Supporter Platinum Supporter

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    You don't mention if you own your own home. I would expect house prices to bottom out in most areas. Already, in some areas in the Pac NW, you can buy W a monthly payment cheaper than renting. I'd start there.
     
  3. djm68

    djm68 Portland, OR Member

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    Yes, we own our home, fully paid off. Maybe rental property?
     
  4. nubus

    nubus Guest

    IMHO precious metals, especially silver.
    Don't think of it as a money maker, just a place holder.
    I will hold it's value even through the transition into a new currency.
    Of course diversity is always critical when you're talking investment.
     
  5. netsecsys

    netsecsys near: Bellingham, WA Active Member

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    Silver, ammo and some mechanism to generate your own electricity (i.e.: solar, microhydro, diesel generator, wind). If I were in such a position, I would concentrate on positioning myself to be oblivious to the market/society conditions. Huge garden with seed stores, aquaponics setup with tilapia and multiple methods of water purification would help protect your family from the volatility of (insert condition here). Bug out location? Multi-fuel vehicle? Mini biodiesel plant? YMMV.
     
  6. djm68

    djm68 Portland, OR Member

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    Yes, I am not looking to *make* money, I just want a reasonable store for my money. The thing is, if I buy $50k in silver, I'd have nearly 100lbs of silver. Well, it is lighter than ammo. BTW, I actually do think the USD is on its way out. At the very least I think the IMF is going to re-peg/re-value the dollar as we "savers" are going to get screwed.

    DJM
     
  7. coctailer

    coctailer Portland, OR/Hastings, MI/Vancouver,WA I run with scissors.

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    Guns and ammo.
     
  8. djm68

    djm68 Portland, OR Member

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    As much as I'd like to go spend $100k on guns and ammo, there are a few things to keep in mind:

    If I buy that many guns, I will attract the attention of the ATF.
    Where does one safely store 10 and 10 of thousands of rounds?
    How liquid are guns and ammo? If things get really ugly, how wise is it to sell/barter guns and ammo -- basically, arming a potential fore.


    DJM
     
  9. coctailer

    coctailer Portland, OR/Hastings, MI/Vancouver,WA I run with scissors.

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    Your cross to bear.

    I have customers that have lived for over a year paying their house payments, gas, insurance, etc by selling their collections slowly when the econ struck.

    There are gun safes, and insurance for guns.

    Guns and ammo are EXTREMELY liquid, and you can decide who you sell them to so you aren't "arming a foe"
     
    mjbskwim and (deleted member) like this.
  10. MA Duce

    MA Duce Central Oregon Well-Known Member

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    Precious metals, and futures in copper, cadmium, and lithium.
     
  11. mjbskwim

    mjbskwim Salmon,Idaho Well-Known Member

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    Hummm.
    So if SHTF REAL bad,who will trade you food for a hunk of metal?
    What are futures driven by? How good the economy WILL be?
    How would you transport these to a market to sell? With armed guards,right?
    Will the buyer have better guards? Or pay your guards better?
    If it gets bad enough,only thee baddest will be able to transport and trade precious metals or stones.The ones you thought you had on line will be long gone.

    Rentals? The renters ain't worken,so how they gunna pay the rent? How are you going to maintain the property?

    This may have worked before.Before the whole world was in dept way past their ears


    A farm,some livestock,some food storage,and some guns and ammo.Different things for comfort and shelter.
    Solar power and battery banks.Wind mills or equipment to make power generation

    The BASICS of life.

    All these scenarios that everyone gave are dependent on how bad the economy gets.
     
  12. Speedsteel

    Speedsteel Oregon Member

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    Investments-Skills-Precious metals-Land-Tangible assets, food, the ability to produce energy, fuel, clean water, grow food, organic farming and ranching?

    If you are already holding some gold and silver, that would be good, if not, get a fast education on junk silver, small denomination gold coins?

    100,000 goes fast these days, Safety and security for my family and friends, likely buy some acreage for a retreat in Idaho or Montana, eastern Oregon eastern Washington.

    Stock up on basics, food , water, medical, shelter, communication, clothing, alternate fuels , energy, transportation -horses :) and lots of guns and ammo.

    I was looking into setting up for bullet manufacturing Swaging- several thousand to get manual equipment to manufacture jacketed bullets. Corbin Bullet of Oregon.

    An associate is currently undertaking / investing several million on start up of an organic farm/ranch and already selling to local community, when completed the estimate is a minimum of 4M annual gross sales. And if the world goes south they will be in a very strong position either way win/win.

    Anything and everything you can do to provide for your loved ones, if the "S" hits the only thing that will really matter is the safety of your good friends and family.

    You could burn up 100K on weapons, ammo, mags, body armor, night vision, optics, accessories, and professional training real fast. Not to mention some high end electronics communications surveillance and security equipment.