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<p>[QUOTE=&quot;passantgardant, post: 1140987, member: 30033&quot;]Agreed.&nbsp; Hope has no place.&nbsp; Prepare for all possibilities according to 1) their likelihood, and 2) their severity.&nbsp; The product of their likelihood and severity is the proportion of resources you should dedicate to preparing for that circumstance.&nbsp; E.g. heartburn is very likely but not terribly severe (it won&#039;t kill you), meanwhile hyperinflation is less likely (or at least less imminent) but could potentially impoverish you and cut you off from any and all functions of civil society, so buying extra canned goods and precious metals may be about par with buying antacids.&nbsp; One of the circumstances of course is that things go on &quot;like normal&quot; for the rest of your life and there are no major economic disruptions, though I think that has a fairly low likelihood.&nbsp; If you assign it a high likelihood, I would say you&#039;re probably suffering from normalcy bias.[/QUOTE]</p><p><br /></p>

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