Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: roostercogburn

Since you are in a comfortable position ask yourself what you would do if you lost your job for a year or the power grid went down for a month. Do you need to think about having more cash on hand than you do now, what about buying a generator, food supplies or perhaps set up a better security system for your residence? What can you do to hurry your or your wifes retirement so that you are truly independent?

There's lots of things you can do to make your life easier without sinking your money into places/ideas/programs that you know nothing about. Do you have any idea when to sell your gold, what the indicators are to sell. I think you probably bought because you've been reading about the idea for a couple of years.

Following the crowd isn't my style, especially if they are getting their information from the TV or newspapers. Earn your money in areas that you are familiar with, hire a couple of proven experts to guide you and keep it 100% legal so the law isn't going to come after you.

Myself, I like the idea of having a shoebox full of small bills close at hand. If I need to hire a biz jet for an emergency flight somewhere at 3:00AM, I don't want think about going to the bank for cash or registered checks. In a town where your name or face isn't well known, cash will do a lot to getting people to do your wishes without hesitation or question.

So, if you truly are in a comfortable financial position don't bother worrying about the loss to inflation on your cache of cash. That's one cost of independence I accept glady.


35 posted on 05/28/2006 7:43:41 AM PDT by B4Ranch (Immigration Control and Border Security -The jobs George W. Bush doesn't want to do.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: B4Ranch

I have plenty of cash kept locked away.
And plenty of guns.
What do you think the chances of OPEC trading oil in Euros instead of dollars?


37 posted on 05/28/2006 8:36:53 AM PDT by roostercogburn
[ Post Reply | Private Reply | To 35 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson