All really good advice and info...
I like the idea of switching to euros...
But, I imagine it wont be a seamless switch either
Perhaps a few years of serious depression while we adjust?
Sweeps, I know what you mean. But, I dont hate. I dont blame anyone for this. I'm actually a very compassionate, nice guy.
I'm simply trying to take steps to be, at least somewhat prepared....in some way.
Grimjack...great advice..thanks
I agree that I HOPE it will not happen very soon. I like the idea of having a few years or so for getting myself and my family prepared, because this will take time. I'm looking into changing the funds/stocks that my IRA invests in. Researching a safe place to keep my money will take time.
I plan to invest into solar power (florida) to get completely off the grid (this will cost something north of 20K) (I have always wanted to do this anyways). I hang dry most clothes/towels, phased out paper towel use, conserve as much as possible, and I drive less by using my bike for some trips to post office/grocery store, etc...
I hear you about having nothing but a note of ownership. If the brokerage or company goes under, you have a nice shiny note
I actually was a cop in the past, have a couple of firearms, and my wife is also proficient...so I do plan to have SOME silver and gold coins in my possession.
NO, you cannot have my address
And diversify is always good advice. It is just going to take me some time to figure out exactly WHAT to diversify into.
I joke with my wife that if this does happen we will be forced onto a diet and probably have to bike more...so we will lose the weight we've been struggling with for years
So, it will result in better health....thats a good thing!