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<p>[QUOTE="Rono, post: 1126678, member: 6492"]Howdy,</p><p> </p><p>Very true that a pile of silver and gold coins could be of little use in some major disaster. However, if I was fleeing inland from a tsunami zone, having a roll of eagles in the backpack would give me great comfort. So would a canteen, a handgun, some MREs and good friends. </p><p> </p><p>For my money, you prepare for bad situations in a holistic and broad based way so that you have maximum flexibility and multiple layers of redundency. Think of your preparations as insulation - not just from hot and cold, but from every nasty little surprise you can bring to mind. Fire, famine, power outage, a whole list of natural disasters, workloss, theft, market loss, financial meltdown, anarchy, war, disease and the list goes on for pages. Are their limits to your preparations? Of course. You get to a place of diminishing marginal returns where it's just not worth it. </p><p> </p><p>That's OK. You do what you can to cover the big things to a greater or lesser degree and call it good. Better yet is to structure your life in a manner of preparedness. Establish multiple streams of income, diversify your wealth, constantly update your job skills and knowledge base, be a volunteer in your community and neighborhood, grow some of your own food and shop local, eliminate all debts, stay in shape, eat right, etc. </p><p> </p><p>I recently retired and always knew that in retirement it was important for me to stay productive and continue to add value AND to keep learning so my mind didn't calcify. What I didn't realize was that there is a third leg, and that's to keep my body in good shape. I believe that if I stay in shape, keep learning and remain productive, it may not add a day to my life, but it will guarantee that I'm giving myself the best possible odds of a happy retirement.</p><p> </p><p>peace,</p><p> </p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 1126678, member: 6492"]Howdy, Very true that a pile of silver and gold coins could be of little use in some major disaster. However, if I was fleeing inland from a tsunami zone, having a roll of eagles in the backpack would give me great comfort. So would a canteen, a handgun, some MREs and good friends. For my money, you prepare for bad situations in a holistic and broad based way so that you have maximum flexibility and multiple layers of redundency. Think of your preparations as insulation - not just from hot and cold, but from every nasty little surprise you can bring to mind. Fire, famine, power outage, a whole list of natural disasters, workloss, theft, market loss, financial meltdown, anarchy, war, disease and the list goes on for pages. Are their limits to your preparations? Of course. You get to a place of diminishing marginal returns where it's just not worth it. That's OK. You do what you can to cover the big things to a greater or lesser degree and call it good. Better yet is to structure your life in a manner of preparedness. Establish multiple streams of income, diversify your wealth, constantly update your job skills and knowledge base, be a volunteer in your community and neighborhood, grow some of your own food and shop local, eliminate all debts, stay in shape, eat right, etc. I recently retired and always knew that in retirement it was important for me to stay productive and continue to add value AND to keep learning so my mind didn't calcify. What I didn't realize was that there is a third leg, and that's to keep my body in good shape. I believe that if I stay in shape, keep learning and remain productive, it may not add a day to my life, but it will guarantee that I'm giving myself the best possible odds of a happy retirement. peace, rono[/QUOTE]
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