Not trying to start a debate, really. But I wonder sometimes about investing in a bunch of gold. You can't eat it. And is only valuable to someone who wants it. Try taking $50-$100 gold piece to your local McDs, gas station or grocery store. That millennial on his cell phone and face tattoos has no idea what that is and doesn't care and probably isn't going to take it for payment of anything.
I do keep some cash in small bills, on hand. (not $10K). I like to keep a few hundred in 10-20-50 dollar bills and maybe a couple of hundred-dollar bills ...everyone knows what they are and wants them. I prefer to invest in stashes of food, water, gasoline and guns w/ ammo. Also, in a real SHTF situation I have a few guns. w/ ammo I would use as barter with people who might have something I needed. Of course, I would be very careful who I traded with.
I'm not trying to say there's no value in having diverse investments ... maybe some in gold, silver or diamonds if you want. But I guess I'm thinking more short-term survival than long term investments.
I do keep some cash in small bills, on hand. (not $10K). I like to keep a few hundred in 10-20-50 dollar bills and maybe a couple of hundred-dollar bills ...everyone knows what they are and wants them. I prefer to invest in stashes of food, water, gasoline and guns w/ ammo. Also, in a real SHTF situation I have a few guns. w/ ammo I would use as barter with people who might have something I needed. Of course, I would be very careful who I traded with.
I'm not trying to say there's no value in having diverse investments ... maybe some in gold, silver or diamonds if you want. But I guess I'm thinking more short-term survival than long term investments.
