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Hyperinflation, devaluation seems like a probability... Anyone have any insight into where to keep money or what intelligent manuevers a person can take in the even shit hits the fan?

No crypto please.

Hyperinflation, devaluation seems like a probability... Anyone have any insight into where to keep money or what intelligent manuevers a person can take in the even shit hits the fan? No crypto please.

(post is archived)

[–] 2 pts

How can you reasonably expect anyone to not mention crypto? Gold and silver are supposed to be great for holding value, yet they’re falling while crypto rises.

Besides crypto, there’re assets like property, stocks, shares, etc. - all a gamble, but property is usually the best bet for holding and increasing the value of your wealth.

Then there’s offshore banking - converting your dollars to a foreign currency you have more faith in, etc.

Lastly, there’s common-sense assets that’ll be useful in emergencies: ammo, medicine, alcohol, tools.

Bonus tip: learn a skill. If you ever suffer through a crisis that leaves you without a penny to your name, you’ll still have the knowledge to pick yourself back up and earn back what you lost via your talents.

[–] 1 pt

Aside from your remarks on crypto... You hit on something which I've been thinking about for along time. Learning welding as a trade. I called my local trade school, and already working on taking classes. Thanks for the comment.