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I doubt it'll be a fullblown apocalypse, but I think there'll be a period of unrest, after which civilization will soon reestablish itself. If you manage to inv
by Confusion 16y ago
I doubt it'll be a fullblown apocalypse, but I think there'll be a period of unrest, after which civilization will soon reestablish itself. If you manage to invest 50K of your money in something tangible that is considered to be of value in that period of unrest, you'll have a much easier time surviving it.
For us, 50K is enough to survive for at least three years, without requiring any kind of austerity. I certainly don't call that 'nothing.
- pwhelan 16y agoFDIC insures up to 250k. If you want to park it there -- go ahead. Short term CD ladders (so you always have some money free if you need it but most of it is actively earning interest) seem like a good option as well.