/pnd/ - Politics, News, Debate

The question is what to do with the cash if you sell all your stock shares…

Inflation is terrible right now, so where do you safely park the money???

>>278490

>Inflation is terrible right now,

And it's going to be a HELL OF A LOT WORSE in the future, we are facing inevitable hyperinflation. You really need to lurk here more and read some of the thousands of warnings telling people to get prepped. There are tons of prepping tips on /pnd/ if you look for them.

Here is one prepping thread: >>233150

>so where do you safely park the money???

Physical assets you'll need to survive and of-course some land/ private property. That thread has a lot of tips. Sadly you are very late to the game as I've been saying this stuff for well over a decade now.

>>278490

As said above, it's a good time to diversify asset classes with a particular focus on real things or at least things that aren't always denominated in dollars. So for instance, bonds and market shares are both denominated in dollars, so while you might benefit from continuing to ride the market, all such things are ultimately going to have a hard time keeping up if the dollar itself falters substantially. So I have a 401(k) for instance and it's not really easy to do anything with it at the moment, so I just say that's the extent of my diversification into the the market.

What else?

>storable food

>nice place to live

>guns and ammo

>supplies I'd need to shelter in place in my house for a year

>car in good working order

>skills

>tools & supplies

>health

>friends

>water supply

>entertainment

>at least a small solar setup for recharging batteries

>a way to keep warm and dry

>gold and silver as a hedge

I've slowly built on all of the above. Crypto seems like a real big gamble of an asset class to me, but if you have additional surplus wealth it might not be the worst gamble. I can grow a small amount of food but realistically just a way to keep costs down than any way to feed myself. If you can hunt, trap, fish, keep some chickens, etc. that'd be a good thing.

>>278550

Can I give my input as someone who grew up on a farm and knows a bit about survival?

>storable food

Complete meme. Ignore it. If what you're storing has a shelf life of "20 years omg!", then it's kindling. It has zero real nutritional value. You want to farm and hunt. Fresh food matters more that people want you to know. All our grandmas used to can food, but those canned goods lasted 6 months to a year before grandma started again.

>nice place to live

Subjective.

>guns and ammo

No. Useless. On a long enough time line, any complex machine like a gun will be useless. Learn to use a bow/arrows. Ammo degrades, arrows don't.

>for a year

That's solid. A year is a great timeline to give you enough to figure out more useful/primitive methods of survival.

Everything else is good, but let me add: trap making! You don't shoot a rabbit, you trap it. Small game is essential to your survival and traps will ensure you don't destroy the meat you need to live.

>>278559

I don't live on a farm. I can assure you it's nice to have something to eat if I have to shelter in place, and it's a lot better than having nothing more than sacks of beans and popcorn, especially if I'm going to need fuel to pop the popcorn.

As for the guns, I think we're coming down to a question of how much of a collapse to plan around. I'm not planning on surviving anything close to a mad max situation. But I definitely agree that bow and arrow would be a great thing to learn how to use. It's also relatively silent. But we all have our different skills and priorities. I haven't gotten around to a HAM license yet, and I don't have a nice big honkin 4x4, but at least I'll be able to listen in or help somebody fix a vehicle.

>>278559

>If what you're storing has a shelf life of "20 years omg!", then it's kindling. It has zero real nutritional value.

When SHTF even beans and rice is better than starving to death. But it is good to have a bit of both, storeable foods as well a garden, and to be able to hunt and fish and trap game too. Having some livestock like chickens helps enormously.

>nice place to live

>Subjective.

Lower population density homesteads that are tucked away on some dirt or gravel roads from some junction are typically the best. Problem is finding a decent place like that and being able to afford it today. I got very lucky last year when I decided to move.

>Guns and ammo

>No. Useless.

Bullshit. Ammo can store for a very long time if kept in the right conditions, just make sure it keeps away from water and humidity, have your surplus stocked in a big safe. I've shot ammo that has been 30+ years old before. I will absolutely shoot someone if they come to rob me or threaten my family. As for gun maintenance, learn to field strip your guns and buy some spare parts that go bad like the firing pins. And have plenty of gun lube, cleaner and bore mop kits to clean 'em. Give 'em some TLC and they'll last you a fucking lifetime!

>Small game is essential to your survival and traps will ensure you don't destroy the meat you need to live.

I agree. I'd only shoot raccoons and squirrels with .22LR but not to eat lol.

>>278560

>I'm not planning on surviving anything close to a mad max situation.

Are you prepared for hyperinflation and massive crime waves nearby? It may not get "mad max" but it will no doubt still be pretty dangerous living in a populated area when there is unrest and desperation.

>>278560

If you do live in a populated area I'd recommend DIY entry-point fortification for one of your preps. For example, install more than one deadbolt lock on every entry door with long strike plates for the door jamb & 2x4 studs they'll be screwed to. Use 3" to 4" stainless steel screws so they go into the 2x4 past the door jamb, that way the deadbolt locks are much harder to bust. Even more so if you re-enforce the door hinges with longer screws on the other side of the doorjamb. Another thing to look into are katy bars, you can buy these online just look for them, have a katy bar installation kit for each door. This will make it 4x as tough to kick open your exterior doors. As for bigger windows, you could install some fancy decorative window bars on the inside of the house (or apartment) and no one would notice from the outside. Or you could go tin foil like I did to my previous home and simply auger 1" dia holes through the 2x4 frames after measuring and leveling them evenly on each opposite side, and mount some 1" dia bolts through the holes with washers and nuts and simply use those bolts to mount steel pallet rack beams to, or big sheets of plywood with the holes for the bolts on each corner.

>>278574

Well, let's play entry-level intelligence analyst. I framed my goals in terms of being able to shelter in place for a year. I framed it in terms of things like skills and tools making me more valuable alive than dead during such a period. I framed it in terms of putting something in to gold and silver, which, if you know about gold and silver, means something more like being able to exchange it at a local pawn shop or coin store for the local currency of the time, not some kind of imaginary barter situation.

And how was the question framed? It was framed in terms of what might be a better alternative to being all in on the market.

Can I shoot a nigger breaking in to my house? Do my tools and supplies include the ability to fortify where I live? Of course. But do the math and figure out whether I'm talking about living innawoods or whether I'm just planning to not be as destitute as mast people whether it's a massive temporary weather event or a prolonged economic downturn.

>>278614

Skills are very important to have too, sure. S&G is also great for bartering or exchange in currency but keep in mind not so much during the collapse rather afterwords when things get back to normal. You can't eat, or shoot a hostile threat, with S&G, you can hold onto it though as it will hold value in terms of wealth. The skills needed will be skills like hunting and butchering, fixing up and repairing utilities, DIY building and construction work, knowing how to treat wounds and injuries, knowing how to cut down trees for lumber and firewood, etc.

>>278559

>guns and ammo

>No. Useless. On a long enough time line, any complex machine like a gun will be useless

your timeline is gonna be cut short if you bring a bow to an AR15 fight

>>278622

True, the ironic part is him calling guns "complex machines" when in all actuality they are very mechanical tools. They do not rely on sensors, chips, electricity or an internet to work. They can be easily fixed too, as long as you know how to disassemble and resemble them and have spare parts you may need to fix. My 10mm Ruger Super Redhawk for example has 9 main supplemental parts to function: frame, cylinder, barrel, ejector, moon clip (optional unless you are shooting .40 cal too!), rubber grip, grip panel locator pin, wood inserts for rubber grip (not even needed but makes it look sexy), and the grip screw. I love Ruger, they make the best revolvers (although Colt is quality too).

>>278617

I agree entirely. It's nice to talk to somebody with a practical outlook rather than some bizarre distorted view that G&S are going to be completely worthless forever, or that all you're ever going to need is to shoot people and loot.

I mean it's not like any of us knows for sure what the future holds, so it doesn't make a lot of sense to put all your eggs in one basket. Maybe we'll be worrying about that in terms of an investment portfolio. Maybe we'll be worrying about what a fantastic food source eggs are. I'd guess probably both.

anti-slide 2