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Don't put all your eggs in one basket. Have some physical cash, a couple of bank accounts, stocks and bonds, cryptocurrencies, valuable items if chaos ensues (
by cypress66 4y ago
Don't put all your eggs in one basket.
Have some physical cash, a couple of bank accounts, stocks and bonds, cryptocurrencies, valuable items if chaos ensues (guns, ammo, fuel, etc) and so on.
- helen___keller 4y agoI’m a big fan of your list because (other than fuel), each item you list is an order of magnitude less likely to be necessary or even useful Physical cash: very likely you need it some day soon Multiple bank accounts: technical issues, fraud, etc, plenty of reasons that might make one accounts funds unavailable Stocks: if there’s bank runs or such you can have equity to fall back on Crypto: if your entire economy goes kaput but the world economy lives on, this can be useful Guns, ammo: if civilization as we know it falls apart atleast you can shoot some people before starving to death