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

Skip to comments.

Vanity - Since the election, what are you doing with your money?
11/20/2012 | 4everontheright

Posted on 11/20/2012 10:24:01 AM PST by 4everontheRight

I heard recently that a lot of "wealthy" Americans are selling off their wealth. I am not by any means "wealthy" but really, what does that mean? Government wealthy? Own my own home wealthy? Just wondered what FReepers are doing? Selling? Buying?


TOPICS: Business/Economy; Miscellaneous
KEYWORDS:
Navigation: use the links below to view more comments.
first previous 1-20 ... 41-6061-8081-100101-102 next last
To: JCBreckenridge

Damn. I’m sorry. It would have been so much better if it worked out and you could take her Galt with you.


81 posted on 11/20/2012 1:14:04 PM PST by null and void (America - Abducted by Aliens...)
[ Post Reply | Private Reply | To 74 | View Replies]

To: MileHi
Exactly. No one is hiring older guys either.

Yeah. Fricken' tell me about it.

They still need to import plenty of H-1Bs though...

82 posted on 11/20/2012 1:16:35 PM PST by null and void (America - Abducted by Aliens...)
[ Post Reply | Private Reply | To 80 | View Replies]

To: 4everontheRight

I’ve been trying to talk my hubby into cashing in our Roths,they would be tax free now, given our age and how long it has been since we added to them. They are not huge and at least we would have some cash at home. Advice appreciated, thanks.


83 posted on 11/20/2012 1:19:29 PM PST by MomwithHope (Buy and read Ameritopia by Mark Levin!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Uncle Miltie
"How do you escape a World Wide Wealth and Productivity Collapse?"

Move funds to somewhere like Switzerland with your deposits in Swiss Francs?

84 posted on 11/20/2012 1:24:43 PM PST by Truth29
[ Post Reply | Private Reply | To 51 | View Replies]

To: 4everontheRight

Digging another hole in my back yard ...


85 posted on 11/20/2012 1:37:29 PM PST by x
[ Post Reply | Private Reply | To 1 | View Replies]

To: real saxophonist

What money? You beat me to it!


86 posted on 11/20/2012 1:38:37 PM PST by linn37 (Newt supporter here.Not)
[ Post Reply | Private Reply | To 3 | View Replies]

To: bgill
You can’t bug out very far on a river.

Depends on the river. :)

I used the image to symbolize independent existence. That said, for thousands of years, rivers, bayous and coasts have provided reliable subsistence for humans living along their shores.

87 posted on 11/20/2012 1:46:40 PM PST by Errant
[ Post Reply | Private Reply | To 76 | View Replies]

To: A_perfect_lady

“Sometimes I think it would be a good idea to stockpile luxury items for barter. Sugar. Coffee. Cigarettes. Chocolate. Booze...”

If the SHTF, then the Internet is gone, which means anyone who still owns books such as medical books, engineering books, how-to books, and encyclopedias will be King. The thing is, everyone has been ditching the books they already own and not buying new ones. Everything, and I do mean everything is online now. Think what that means if “online” evaporates.

If you really believe the SHTF, then stockpile books. And maps. Then surround your warehouse with machine guns.


88 posted on 11/20/2012 2:16:08 PM PST by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
[ Post Reply | Private Reply | To 37 | View Replies]

To: null and void
Younger guys will work for less and are alright with six 10 hour days, even if 20 of those hours are spent fixing the mistakes of less experience. So if you are older, resume goes in the trash.

Right now I teach those guys at tech “college”. Feel kind of bad about the loans they are piling up though.

89 posted on 11/20/2012 2:23:56 PM PST by MileHi ( "It's coming down to patriots vs the politicians." - ovrtaxt)
[ Post Reply | Private Reply | To 82 | View Replies]

To: MileHi

Yeah. Brand new expensive diploma, massive student loans, still have all your preexisting bills, and no one will hire you because you’re not 23.


90 posted on 11/20/2012 2:35:47 PM PST by null and void (America - Abducted by Aliens...)
[ Post Reply | Private Reply | To 89 | View Replies]

To: Go Gordon
Do yourself a favor and harvest the seeds from your crops for the next year's plantings. I have been doing that for a few years and its saves a bunch of money and my harvests have gotten progressively better each year.

Actually, I already do, my seed stash takes up 2 big boxes. I'm just looking to add a few more varieties.
91 posted on 11/20/2012 2:41:49 PM PST by Ellendra (http://www.ustrendy.com/ellendra-nauriel/portfolio/18423/concealed-couture/)
[ Post Reply | Private Reply | To 61 | View Replies]

To: Georgia Girl 2

Good for you! You will love it high up in the mountains! I’m already there full time and wouldn’t change a thing. Pay close attention to the water situation. Do you want a place with an existing well or are you planning on building a new home/cabin from the start? Survivalblog.com has a link on ‘Retreat Properties’. Might be a nice place for you to use. What part of the Country are you looking to relocate to?


92 posted on 11/20/2012 3:33:35 PM PST by bobby.223 (Retired up in the snowy mountains of the American Redoubt and it's a GREAT life!)
[ Post Reply | Private Reply | To 71 | View Replies]

To: 4everontheRight
I just saw this article on SHTFPlan.com:

Government Sets Its Sights on Private Retirement Accounts: “Giant Effort to Redistribute the Wealth of America’s Older Citizens”

93 posted on 11/20/2012 3:53:06 PM PST by Errant
[ Post Reply | Private Reply | To 1 | View Replies]

To: 4everontheRight

Cash out and leave the country.


94 posted on 11/20/2012 3:57:38 PM PST by Fledermaus (The Republic is Dead: Collapse the system. Let the Dems destroy the economy!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 4everontheRight

Looking for a place to put my money to keep the 0bamaphone “lady” from getting a penny of it.


95 posted on 11/20/2012 4:02:57 PM PST by windsorknot
[ Post Reply | Private Reply | To 1 | View Replies]

To: ConsStuckInDetroit

hope your second home isn’t in northern michigan. when SHTF all the people who live up here will be blocking passage to anyone coming from the cities.


96 posted on 11/20/2012 6:40:33 PM PST by annelizly
[ Post Reply | Private Reply | To 43 | View Replies]

To: ConsStuckInDetroit

hope your second home isn’t in northern michigan. when SHTF all the people who live up here will be blocking passage to anyone coming from the cities.


97 posted on 11/20/2012 6:40:46 PM PST by annelizly
[ Post Reply | Private Reply | To 43 | View Replies]

To: tiki

Currency change has been promoted here before. The intent then was to flush out the underground economy. It did not find much public favor so was dropped, this time nobama could care less about public opinion, at least the public with money.


98 posted on 11/20/2012 7:03:34 PM PST by X-spurt (It is time for OFF YOUR FEET and on the gravy-train)
[ Post Reply | Private Reply | To 66 | View Replies]

To: X-spurt
Gold and Silver sounds nice except unless you cut the coins or bullion up into $5 or $25 pieces, you'll end up trading a 1/4 oz for a box of bullets or a bag of groceries.

Gold is infinitely divisible. You can melt gold and pay somebody any weight of gold you can cast or scrape off. When you are at the point where dollars are good for nothing but toilet paper and a one-million dollar bill buys dinner, gold becomes money. A lot of people think they can't subdivide a one-ounce gold piece. All you need is a file to scrape off as much weight of gold as you need for any transaction or you can melt the thing down and melt off little bbs of gold for daily transactions like a tank of gas. The least of my worries would be how to pay somebody their 1/100th ounce of gold.

99 posted on 11/20/2012 10:07:02 PM PST by Freedom_Is_Not_Free (Pray to God. Apologize to your children.)
[ Post Reply | Private Reply | To 23 | View Replies]

To: X-spurt
War Nickels are part of my 20% bullion diversification. They may not be popular amongst some, but they don't have the wear as junk dimes. YMMV.
100 posted on 11/20/2012 10:17:09 PM PST by PA Engineer (Liberate America from the Occupation Media.)
[ Post Reply | Private Reply | To 23 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-20 ... 41-6061-8081-100101-102 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

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