http://www.everybodylovesyourmoney.com/2008/10/10/where-should-you-put-your-money-in-a-depression.html Living for today - Planning for Tomorrow Thu, 18 Mar 2010 17:14:15 -0700 http://wordpress.org/?v=2.9.1 hourly 1 http://www.everybodylovesyourmoney.com/2008/10/10/where-should-you-put-your-money-in-a-depression.html/comment-page-1#comment-182121 David Tue, 04 Nov 2008 14:36:06 +0000 http://www.everybodylovesyourmoney.com/2008/10/10/where-should-you-put-your-money-in-a-depression.html#comment-182121 I would not recommend anybody to invest money now due to global crisis I would not recommend anybody to invest money now due to global crisis

]]> http://www.everybodylovesyourmoney.com/2008/10/10/where-should-you-put-your-money-in-a-depression.html/comment-page-1#comment-178884 Nick Fri, 17 Oct 2008 22:17:18 +0000 http://www.everybodylovesyourmoney.com/2008/10/10/where-should-you-put-your-money-in-a-depression.html#comment-178884 I would like to think that America would never see a true Financial Armageddon come to pass, but you never know. Like yourself I keep a decent amount of cash on hand for myself, but other than that I don't really do too much out of the ordinary. I would like to think that America would never see a true Financial Armageddon come to pass, but you never know. Like yourself I keep a decent amount of cash on hand for myself, but other than that I don’t really do too much out of the ordinary.

]]> http://www.everybodylovesyourmoney.com/2008/10/10/where-should-you-put-your-money-in-a-depression.html/comment-page-1#comment-178644 kyrias Thu, 16 Oct 2008 23:30:28 +0000 http://www.everybodylovesyourmoney.com/2008/10/10/where-should-you-put-your-money-in-a-depression.html#comment-178644 I would think that if we ever had a total melt-down in the U.S, credit cards would cease to function. Personally, I don't think we'd be able to rely on much in the way of credit if financial Armageddon did come to pass. I'd want to make sure there's non-perishables in the pantry, plenty of cash in a safe place that's not the bank, and that I have a roof over my head. That said, I have no idea if we are headed for another Great Depression and if we are, if it would be any where like the one before. I would think that if we ever had a total melt-down in the U.S, credit cards would cease to function.
Personally, I don’t think we’d be able to rely on much in the way of credit if financial Armageddon did come to pass. I’d want to make sure there’s non-perishables in the pantry, plenty of cash in a safe place that’s not the bank, and that I have a roof over my head.
That said, I have no idea if we are headed for another Great Depression and if we are, if it would be any where like the one before.

]]> http://www.everybodylovesyourmoney.com/2008/10/10/where-should-you-put-your-money-in-a-depression.html/comment-page-1#comment-177527 jack Sun, 12 Oct 2008 04:04:01 +0000 http://www.everybodylovesyourmoney.com/2008/10/10/where-should-you-put-your-money-in-a-depression.html#comment-177527 Some of the tips you give are very sensible in the current climate. Keeping some cash on hand for emergencies is a great idea. In terms of banks, we have recently diversify our cash holdings in order to spread the risk - interesting what you said about credit unions. We'll have to look into it! Some of the tips you give are very sensible in the current climate. Keeping some cash on hand for emergencies is a great idea. In terms of banks, we have recently diversify our cash holdings in order to spread the risk – interesting what you said about credit unions. We’ll have to look into it!

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