Hi
How will you survive if the US Dollar causes the Markets to crash on Aug 2nd..
How will you keep your money safe.. if the Dollar experiences runaway inflation
Thank you..
1) Staying out of paper markets/investments. No 401k, mutual funds, etc.
2) Acquiring commodities, capital tools, and commodity-producing assets
a) Ideal commodities at this point: silver, gold, bitcoins.
b) Capital tools (probably not the right term) include things like, at the low end, a quality tool set that will last a lifetime. Also includes readily-usable skills.
c) I would have just said income-producing assets, but just being able to generate cash probably won't cut it. Rental properties will continue to be worse and worse in this regard as inflation surges, especially considering the market crash isn't over yet.