Ammo, and lots of it.
mark
sailboat+keg-o-rum+bahamas
Ammo, and lots of it.
I was just going to say that.
I have a running joke with my coworkers where I recommend investing in lead rather than gold. It's actually a good way of ferreting out libs, since libs never get the joke.
All kidding aside, the last thing we need is a panic, and tucking our nest eggs underneath a Canadian mattress seems a bit panicky to me. We're not in a depression yet, but if we don't hold our water and ride this thing out, we sure as hell will be.
Yes, all our 401Ks smell pretty bad right now. But the fact of the matter is nobody raised an eyebrow when real estate prices and 401Ks were over the top 5 years ago. Remember your history people. In the late 1920s, blind exuberance followed by panic equaled depression. We're ripe to repeat those mistakes, especially when you consider that the new "New Deal" has been rolled out even before the first stock broker has hit the Wall Street pavement.
Under normal circumstances, the current market wouldn't be a very big deal, but the fact that it is being used by this administration to cut the throat of capitalism is a very big deal.
My point is this: Right now, we had better worry more about the state of our republic than the state of our 401Ks. This crisis, manufactured or not, is being used to transform our nation into a socialist state. If we allow ourselves to be distracted, and this coup (yes it is a coup) succeeds, then our 401Ks won't be worth a damn anyway, and we will go down in history as the generation who let America slip away.
Yikes, sorry 'bout the rant, but I guess I needed to vent!