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If you can think-up of a safe secure hiding place, or better, several hiding places, that are fire proof/flood proof, accessable, but unlikely to be discovered by burglars, gov't officials, children, workers, etc. …. take USD cash in bills, that is, stacks of folding paper in 100,50,20,10,5,1 and some 1 dollar coins too. Stash it, along with bank withdrawal slips that prove its legally yours. To hedge the value of that paper,(because that's all it is) which may devalue, also have a box of silver dollars, have a bunch of old gold 20's or new gold 50's for serious value storage. Some folks like "junk" silver too, ….maybe, certainly it won't lose value or be as dangerous as holding a promissory note from a bank which is all a deposit is, 10 trillion US Bank deposits are protected by .03% of FDIC funds(feel safe huh?)
The money in Bank accounts and IRAs and promissory notes may be devalued, seized by govt, defaulted upon or otherwise locked-up when you need it most, or when you could maximize its value by using it to purchase devalued items in the panicked marketplace. I f that scarey out come doesnot happen, so what? you still have your cash. Its not like you can get any meaningful interest on a deposit…a deposit is reward free risk.
My grandpa lost over $40k in the depression, not in stocks, not in bonds, but in cash-in-bank deposits…He lost everything, his 4 fruit stores, and lived in relative poverty for the next 30 years till his death. He made me promise to keep at least half my savings "under-the-bed" always where you can reach it, always where you know its yours.
Sounds miserly and eccentric eh? a hoard? do it with a goodly portion of your holdings…just-in-case.
the up side is, you can't lose it in a lawsuit, bankruptcy, government seizure or bail-in, bank failure, etc the down side is you are not able to invest it to grow or benefit you…its just core security savings, like the plastic pails full of pasta and rice and beans in the garage, the rack of canned food you cycle through your pantry, its security which is priceless for a stressfree life.
Hopefully you never need your fire insurance, your life insurance, your car insurance, your medical insurance…hopefully these are just peace of mind expenses, and that bad thing we fear does not happen. If the huge collapse doesn't occur, and the world's pretend economy limps along for the rest of our lives, you didn't lose anything, you still have a pile of devalued cash next to a pile of up-valued metal in a stash of roughly the same combined value that it had when you stored it decades ago.
sleep well my friend
My Central West Virginia mountain home is close to population longitudes of NYC, Miami, Atlanta, Havana etc. (all hundreds of miles away by latitude), and in mountains we are "upstream" in terms of water flow. This county is 60 miles across but there are 14,000 people, clean-enough-to-drink lakes, rivers, abound as do farm-lets, and small towns with still viable small urban infrastructure that has been depopulated since the 1880—1940's build up. Want to buy a small town 15,000 sq ft brick 3 floor building on main street for well under 100k? come here. Taxes? I have 10,000 sq ft under roof (including my 4000sqft home on 3 acres) and pay under$1000 per year property taxes(including 4 vehicles). Water? a river runs through it, a huge lake you can snorkle in 1/2 mile upstream.(also provides flood control) My city has 1000 people (used to have 6 times that pop). I'm from NYC.
The surrounding rural land has lots of little 100 acre forest hillside/meadow bottom farms, surrounding town and pretty far away from any nuclear reactors. Basically a rain forest with a mild winter, I'm a sculptor selling to national market, so my income is not dependent on the local very small population. Feel happy and safe here, but need more urban refugees to rebuild, repopulate, rejuvinate the town and culture. Cheap to buy in here now, and do what ever you want in lots of space….OTOH, if you are loaded, maybe you can buy a $500,000 home in Asheville and be happy. Here you get a chance to build your own culture, in Asheville, it comes ready-made
our Asian /American blended family of 7 are all "greens-a-holics" , and the prices at grocery stores for exotic greens are tearing me up, … (not to mention my paranoia about the pesticide load). prices of organic?-fogetabodit! I confess, I am not a very good gardener, I am plagued by rabbits, gophers, ground hogs, deer, giant caterpillars …..you name it, they have NO respect for MY greens, think they can just come over to MY plants and eat what ever they want….the nerve! So I've had it, I want a garden under lock and key.
I recently started sprout farming in the kitchen window—wheat sprouts, beansprouts—magic in your salads and wrap-sandwiches….its great, a little wet tissue paper in an egg carton and viola! you rinse them every once in a while (instead of weeding). My toddlers pick and eat them to snack on them….OK, so set me up on how to go to a biggie-sized sprout garden…like:spinach? Bok Choi? lettuces? I'm a Sculptor with lots of indoor skylight-ed spaces
I can have 20' x 20' under green house film in a jiffy…frost free say 9 months year (West Virginia) My fantasy is sculpting a clay figure in the center of a room, surrounded by gurgling water and growing green energy, eating salad, and listening to Mozart
The energy saving would be immense, the Asian Store is 100 mile round trip, our only source of certain Asian greens for which my wife yearns (its a homesickness therapy thing). If I could also grow fish…wow I'd be a real hero, but I'm willing to start with just greens.
Please put me down for an aquaponics manual. PS "aquaponics" was tagged red by my word spell program, as in, "a word that doesn't exist" and had to be added to vocabulary of common usage. Heres hoping Aquaponics come into common usage, it seems like a great idea.
Thanks Susanne for out-reaching and teaching