Many people talk about a recurring economic crisis in US, and look for means to place their money so their investment won’t become useless once the economy hits the ground. For example, a reader recently wrote:
“I am a fan of Survivopedia and I love your articles. I just read your article “Top 4 Things to do Prior to the Dollar Collapsing” and it is the first thing I have read that is helpful. Everything else is for millionaires to get off shore banking, get lots of gold, buy real estate and on and on. I don’t have that kind of money… only a few thousand dollars as an emergency fund… I am 72. It seems to me it is stupid to hand on to the money if it is worthless. Is there some other means of currency exchange that those in the know are doing instead?”
This is a very good question that Dianne asks. Before answering, let me say that I am not a professional financial counselor; all I am is a man who tries to do his best.
Having said that, the standard in the financial investment community is to put your investors money beside your own, taking the same risks and receiving the same benefits. So, based on that standard, the best I can do is to tell you what I’m doing myself.