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re: Serious question about long term planning.
Posted on 4/11/14 at 10:26 pm to brbowhunter
Posted on 4/11/14 at 10:26 pm to brbowhunter
More money more problems huh?
Maybe invest in a Virgin Galactic flight if you are planning the U.S. economy and eventual world economies demise.
Maybe invest in a Virgin Galactic flight if you are planning the U.S. economy and eventual world economies demise.
Posted on 4/12/14 at 7:20 am to jsquardjj
I appreciate the serious advice so far.
As far as the smart aleck comments (I expected) let me clarify again.
1. I am not talking about going underground and living in a bunker. Not talking about prepping or anything like that. If it gets to that, I would rather be dead and with my maker.
2. I am not talking about selling everything to live underground or rent. I am talking about selling all the expensive things I own and buying a much smaller and cheaper home that I would not care if I had to walk away from it and let it rot.
3. I am talking about using the equity I have in my home, office, condo to put a nest egg of cash/metals that I can access if I need to go to another country to practice medicine.
4. Again, not talking about living life as a hermit or recluse. Wife is on board with a simplified life including smaller house, etc.
5. Do not watch FoxNews. Have not watched since they cancelled Hannity and Colmes which I thought was the only good political show on TV. Now all it includes is Obama bashing.
6. Do not care about Obamacare. I think it is a mistake to replace greedy corporations with an even more greedy government but that is a topic for another thread. Obamacare has no impact my income or practice at all. Without giving details, I do not deal with medicaid/Medicare etc.
Again, thanks for the serious advice. I was really snooping for ways to protect and access resources if the economy crashes. Just like it did in the Great Depression in America. It has happened before so it is not radical to think our borrowing habits could cause it again. In fact, I think many other countries will be fine and I would want to live there. (IF it happens). But for now, this country has been great for me and is the best place I could hope to live if nothing gets worse. I am not gonna move away or hide in a hole waiting for the end and miss out on a great life I have built for myself. I just wanted advice on how to be more liquid when if it all goes down.
As far as the smart aleck comments (I expected) let me clarify again.
1. I am not talking about going underground and living in a bunker. Not talking about prepping or anything like that. If it gets to that, I would rather be dead and with my maker.
2. I am not talking about selling everything to live underground or rent. I am talking about selling all the expensive things I own and buying a much smaller and cheaper home that I would not care if I had to walk away from it and let it rot.
3. I am talking about using the equity I have in my home, office, condo to put a nest egg of cash/metals that I can access if I need to go to another country to practice medicine.
4. Again, not talking about living life as a hermit or recluse. Wife is on board with a simplified life including smaller house, etc.
5. Do not watch FoxNews. Have not watched since they cancelled Hannity and Colmes which I thought was the only good political show on TV. Now all it includes is Obama bashing.
6. Do not care about Obamacare. I think it is a mistake to replace greedy corporations with an even more greedy government but that is a topic for another thread. Obamacare has no impact my income or practice at all. Without giving details, I do not deal with medicaid/Medicare etc.
Again, thanks for the serious advice. I was really snooping for ways to protect and access resources if the economy crashes. Just like it did in the Great Depression in America. It has happened before so it is not radical to think our borrowing habits could cause it again. In fact, I think many other countries will be fine and I would want to live there. (IF it happens). But for now, this country has been great for me and is the best place I could hope to live if nothing gets worse. I am not gonna move away or hide in a hole waiting for the end and miss out on a great life I have built for myself. I just wanted advice on how to be more liquid when if it all goes down.
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