watched this video last night, and it got me thinking about what i would do then, and what i should do now. its about 45min long, if you have time to watch it do so and let know your thoughts..

https://youtu.be/tQBia1Mw9Vw

Here's my thoughts. I'm pretty savy with money. I invest into many mutual funds and retirement funds, I carry no debt and I DO NOT buy into GOLD, whether it be real or paper.

I can tell you that you wasted 45 mins of your life watching an "infomercial". MoneyMorning.Com sells content to individuals who are forced to buy into their crap with FEAR. They have no respectable sources and, from an industry standard, have a less than 10% credibility scale.

If you fear the collapse of the economy and the almighy US Dollar, there is only a few things you NEED to do. Here it is:

1. Become debt free. Follow Dave Ramsey's Total Money Makeover and get yourself there quickly (but not easily).
2. Stock away money in Mutual Funds, ROTH IRAs, and Money Markets (in that order).
3. Save up enough to pay CASH for real estate. Only buy properties at 70% of market value. If you can't find it, pass and keep saving and looking.
4. Rent properties for income. If purchased at 70% of market value, your profit is already built in.
5. Repeat Steps 2-4.

If the world goes to hell in a handbasket, people will still need land to build, farm, and live. Whether they pay you in cash, gold, cows, or vegetables... YOU will get paid.

If you need a guarantee on this, add a Step 6, which is stock up on guns and ammo. :)

I was waiting for your comment... took long enough :) lol

1. Become debt free. Follow Dave Ramsey's Total Money Makeover and get yourself there quickly (but not easily). - Working on it, it's slow going but we have a plan and a goal and so far are on track.
2. Stock away money in Mutual Funds, ROTH IRAs, and Money Markets (in that order). - Only money I have being tucked away on a somewhat large is my retirement that comes out of every check, other than that I stuff cash in the safe.
3. Save up enough to pay CASH for real estate. Only buy properties at 70% of market value. If you can't find it, pass and keep saving and looking. - Hopefully someday.
4. Rent properties for income. If purchased at 70% of market value, your profit is already built in. - Long term goal is to have enough rentals that I can essentially quite my day to day job, and have these be my full time income
5. Repeat Steps 2-4.

Sorry! I've been a busy little beaver. I've been trying to kick start a new business.