How To Survive The Coming Economic Depression
If you have been watching the news lately you know that gas prices are going up again, food prices are skyrocketing and there are still millions of people still looking for employment.
It seems like there is no light at the end of the tunnel.
So what should you do? How can you survive the coming economic depression? Well truthfully, it's not as hard as you might think.
There are a few simple things you can do that will help you weather the storm and come out on the other side just fine.
The first thing you should immediately do is take all of your money out of cash investments such as savings account, CD's, money market funds and retirement plans with stocks and bonds in them.
You see, in the case of an economic depression, these type of investments might be completely worthless.
Instead, you should take your cash and invest it in gold and silver coins.
Investing in gold and silver is a great way to protect yourself should the dollar lose its value.
On the other hand, if still prefer to invest in the stock market, consider ETF's that invest in commodities.
Make sure you purchase stock options so you can make money even if the stock goes down.
If you see your stock going down use a put option or short your stock to avoid a huge loss.
You should also consider stocking up on food.
In the case of an economic depression there could be a serious food shortage.
To protect you and your family, start stocking up on canned foods and dry foods.
If you have the time and patience, you could also grow your own garden which would eliminate the need to stock up on a ton a canned foods.
The last thing I would suggest you do to survive the coming economic depression is to start your own part time business.
I think we all know that no job is recession proof.
If your services are no longer needed, you will be let go at the drop of a dime.
That's why you must take charge of your own financial future and start a part time business.
This way, should you lose your job, you will still have money coming in.
These are just 3 very simple things you can do to survive the coming economic depression.
Start doing them now so when things get worse, you and your family will be safe.
It seems like there is no light at the end of the tunnel.
So what should you do? How can you survive the coming economic depression? Well truthfully, it's not as hard as you might think.
There are a few simple things you can do that will help you weather the storm and come out on the other side just fine.
The first thing you should immediately do is take all of your money out of cash investments such as savings account, CD's, money market funds and retirement plans with stocks and bonds in them.
You see, in the case of an economic depression, these type of investments might be completely worthless.
Instead, you should take your cash and invest it in gold and silver coins.
Investing in gold and silver is a great way to protect yourself should the dollar lose its value.
On the other hand, if still prefer to invest in the stock market, consider ETF's that invest in commodities.
Make sure you purchase stock options so you can make money even if the stock goes down.
If you see your stock going down use a put option or short your stock to avoid a huge loss.
You should also consider stocking up on food.
In the case of an economic depression there could be a serious food shortage.
To protect you and your family, start stocking up on canned foods and dry foods.
If you have the time and patience, you could also grow your own garden which would eliminate the need to stock up on a ton a canned foods.
The last thing I would suggest you do to survive the coming economic depression is to start your own part time business.
I think we all know that no job is recession proof.
If your services are no longer needed, you will be let go at the drop of a dime.
That's why you must take charge of your own financial future and start a part time business.
This way, should you lose your job, you will still have money coming in.
These are just 3 very simple things you can do to survive the coming economic depression.
Start doing them now so when things get worse, you and your family will be safe.
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