What are the minimum things you would suggest one do in order to "buckle up" for what you see ahead? I know that everyone's situation may be a bit different, unique to them, family, no family just the 1 person, living in the city, living in the country, and so on. But there must be some common denominators - across all people - common steps or safeguards - for what you see coming. Can you elaborate on these, in broad strokes? or does such a topic require its own blog post? Thanks for considering the idea!
I don't give advice but for me this is a plan - Move savings to hard assets; fix interest rates or repay debt where possible; and, for Christmas this year I will give family and friends canned food and ammunition. I own shares of debt free low-cost oil & gas companies which will provide some relief. I encourage those who will listen to vote the incumbent nutcases out of office at the first opportunity. The solution is at the ballot box since the problems are self-inflicted outcomes of stupid policies.
What are the minimum things you would suggest one do in order to "buckle up" for what you see ahead? I know that everyone's situation may be a bit different, unique to them, family, no family just the 1 person, living in the city, living in the country, and so on. But there must be some common denominators - across all people - common steps or safeguards - for what you see coming. Can you elaborate on these, in broad strokes? or does such a topic require its own blog post? Thanks for considering the idea!
I don't give advice but for me this is a plan - Move savings to hard assets; fix interest rates or repay debt where possible; and, for Christmas this year I will give family and friends canned food and ammunition. I own shares of debt free low-cost oil & gas companies which will provide some relief. I encourage those who will listen to vote the incumbent nutcases out of office at the first opportunity. The solution is at the ballot box since the problems are self-inflicted outcomes of stupid policies.
These are all excellent "hunker down" actions one can take, regardless of net worth, country of residence, etc. Thank for them!