Russia invades Ukraine how does this affect your finances?

[jenn_jenn]

Well that got even darker quickly...

We spent money yesterday preparing for a very remote possibility of retaliation. Things that might help us through a week or two while the dust settles in the event of a cyberattack on the nation's power grid, financial networks, or disruption in services. Not hoarding by any means, but going through our checklist of emergency supplies and topping off where needed.

Otherwise I can't tune into the political or broader financial rhetoric right now, it's just too uncertain and part of me feels that by doing so, we're ceding power to a dictator. My heart breaks for Ukranians...all of this is so unnecessary. I'm TIRED of evil people.

Amen to the last part.

As far as stocking up, we did the same a few weeks ago. I am not a doom and gloom person by any means but my husband has been following this conflict for a while and has been very concerned so I followed his lead. It just helps us sleep better at night to have a game plan and to be stocked up on supplies.

[demmygroves]

Gold is $1958, Oil over $100 a barrel, wheat up 20%, bitcoin slides to $35,000, etc. I've been slowly selling off equities but still have small holdings about $20,000 invested. Gold about $60,000 in an IRA (physical gold), Silver ETF $20,000. Bitcoin about .75, 3 Etheriums, 5 Litecoins, etc. Just yesterday I sold my position in the VXX for an $840 profit. Now I wished that I held on to it because it will be going straight up. CNBC said the CBOE Vix is up 20%.

It's a nice financial planning you are having. But I think the Gold price will go up more in the near future.