Times are scary in the world we live in. Countries are overwhelmed by debt and are attempting to get out of debt with more debt. Not all of us are struggling though. Many of us are financially prudent and have savings for that rainy day.
Were an economic collapse to happen, where would we want to have our money stored? If our current investments were to lose there value, what investments would be worthwhile?
Stocks – Stocks represent ownership in something, if that business remained vibrant, they could maintain or increase in value. It’s possible that stock ownership could maintain its value through the hard times. Chances are, the businesses whose stock we own would also struggle during an economic collapse.
Bank Savings/CD’s – The paltry interest rates being offered for savings in banks, money market accounts, and CD’s is almost worthless right now. It actually losses money when you take into account inflation. The tricky thing is that in the economy today, money isn’t even really money. It’s not even tangible, but actually an electronic number we have faith in. In the event of an economic collapse, savings in banks would be worth very little, if they could even be withdrawn at all.
Gold – This strange yellow metal has been the symbol of wealth and prosperity for thousands of years. Gold has always been coveted. Most of the hyper-inflation websites out there recommend investing in Gold. Over the last decade, gold has held its value better than the stock market. Because of the recent rapid increase, gold might see a bubble of its own. The big advantage of gold is that it is actually tangible unlike money in bank accounts. But, if hyper-inflation happened, jewelery would probably be at the bottom of the desired items list.
Real Estate – Real Estate could be a pretty good investment in the event of hyper-inflation. Inflation provides relief from those with debt, but punishes those who have saved money. If hyper-inflation happened, it might be very easy to pay off existing real estate mortgages, thus giving you a free and clear asset. Housing, is one of the basic needs, and people will always need shelter.. After the economy stabilizes again, owning investment [real estate.
Food – The surest and safest investment in the event of an economic collaps is with food storage. Having food and water will always be an essential part of life. Food storage will not only help sustain your family, but would also be a valuable trading commodity in the event of economic collapse.
We can hope and pray that our nation will find a way to avoid economic collapse, but just to be safe, now is the time to get prepared with cheap freeze dried food storage.
