PUT YOUR EGGS IN MANY BASKETS.
Buy silver and gold. Both tangible bullion and online ishares. Buy silver bullion in the form of 1 oz silver rounds, and 90% silver coins. Buy gold in the form of Krugerrands, Pandas, Maple Leafs, Philharmonics, Koalas and/or Eagles. These government-minted coins generally come in 1 oz, 1/2 oz, 1/4 oz, 1/10th oz and (possibly) 1/20th oz denominations.
Invest some of your money in stocks. Choose these stocks very carefully. In the current economic climate, you might consider oil and energy stocks, gold mining stocks and mining stocks. You should be willing and able to sell these stocks at a moment's notice.
Set aside some savings in a savings account with a high interest rate. Choose your bank carefully. Check its rating on www.bankrate.com.
Set aside some savings in the form of cash. Include rolls of quarters, and 1s, 5s, 10s and 20 dollar bills. Keep this money split and stashed in several places. You might consider putting some in your BOB, some in your car and some in a safe or a secret hiding place. WHEN THE GRID GOES DOWN, YOUR ATM AND CREDIT CARDS WON'T WORK.
Buy tangibles: Guns, bullets, MREs, 30-year cans of freeze dried food, soap, seeds, land, a bicycle, hand tools, solar panels, camping gear, a dog, a cat, milk goats, chickens, etc.
Invest in skills. Take classes in gardening, primitive skills, survival, self-defense, gunsmithing, yoga, edible plant identification, carpentry, target shooting, nonviolent communication, bicycle repair, automotive maintenance, etc.
Pay off your debt.
Want professional advice for Peak Oil investing? Check out:
www.completeinvestor.com
Buy silver and gold. Both tangible bullion and online ishares. Buy silver bullion in the form of 1 oz silver rounds, and 90% silver coins. Buy gold in the form of Krugerrands, Pandas, Maple Leafs, Philharmonics, Koalas and/or Eagles. These government-minted coins generally come in 1 oz, 1/2 oz, 1/4 oz, 1/10th oz and (possibly) 1/20th oz denominations.
Invest some of your money in stocks. Choose these stocks very carefully. In the current economic climate, you might consider oil and energy stocks, gold mining stocks and mining stocks. You should be willing and able to sell these stocks at a moment's notice.
Set aside some savings in a savings account with a high interest rate. Choose your bank carefully. Check its rating on www.bankrate.com.
Set aside some savings in the form of cash. Include rolls of quarters, and 1s, 5s, 10s and 20 dollar bills. Keep this money split and stashed in several places. You might consider putting some in your BOB, some in your car and some in a safe or a secret hiding place. WHEN THE GRID GOES DOWN, YOUR ATM AND CREDIT CARDS WON'T WORK.
Buy tangibles: Guns, bullets, MREs, 30-year cans of freeze dried food, soap, seeds, land, a bicycle, hand tools, solar panels, camping gear, a dog, a cat, milk goats, chickens, etc.
Invest in skills. Take classes in gardening, primitive skills, survival, self-defense, gunsmithing, yoga, edible plant identification, carpentry, target shooting, nonviolent communication, bicycle repair, automotive maintenance, etc.
Pay off your debt.
Want professional advice for Peak Oil investing? Check out:
www.completeinvestor.com
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