How to prepare for the coming financial collapse?

Answer 1

I f you don't have any savings, then try to save as much as you can--- at least 9 months worth of living expenses is the general rule. This is in case you lose your job.

If you do have Investments, and do not want to sell mainly due to tax reasons, you can protect your investments by buying put options. Thus if your investment in Equities goes down, the put options will increase in price.- you can hedge it completely so you don't lose anything.

Other Investments you can make: buy the short ETFs- these go up when the market goes down. Buy short hedge fund/mutual funds. Buying Gold is another alternative.

Answer 2

The coming financial collapse is still 20 to 30 years off. Besides, it can still be averted and changed into a severe depression or possibly, if certain things are done soon, it can be reduced to a normal economic recession.

The best defense is to maximize your investments for the next 20 years, become debt-free, and maintain a healthy lifestyle. (you are not going to want to be significantly ill since affording health care could be a problem).

Depending on how the U.S. government AND private sector mobilize to thwart the current system of welfare and wealth creation, the devastating costs of care for the Baby Boomers needing public assistance can be managed and limit the problem.

Then, we have to also see what China will do with the same problem, only worse. The problem in the U.S. is that we have near negative population growth and not enough income producers to support the mandated costs in our system. China's problem is that they have government-mandated NEGATIVE population growth. Therefore, they face a much bleaker future without significant changes. If these to economic powerhouses are able to change fiscal policies and plan NOW, it really won't be crippling.

If not, well, it'll be bad for 20 to 60 years. Those of us that live through it will just have a quality of life that is reduced for that time...significantly reduced to third world conditions in many instances.

Answer 3

You might call it a collapse, but there have been and always will be ups and downs in the stock market.

One way to protect yourself against this is to own dividend paying stocks from established, healthy companies such as Coca Cola and Altria. The stocks may go down but they keep on paying dividends. If you reinvest those dividends you are actually buying stock that is "on sale." When the recovery comes around again, those reinvested shares will inflate and that's where your capital gain significantly increases.
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Answer 4

gold would be good,, maybe silver
buy some seeds to plant,, have some land to live off of,, buy a bicycle or two for transportation
get books on survival, have plenty of canned and dried foods on hand,, think about employment that will still be needed, get a job in that area,, move to an area where housing is cheaper, and utilities are cheaper, think about leaving the country
do you really think Billary will let this happen?

Answer 5

Buy one year's worth of canned goods and ammo. Go scoop out a hole in the Utah desert and live in it. Shoot anything that approaches.