I am paranoid. I believe in having about 15% of total assets available immediately (including CD's with penalties). And about 5% in gold. And in enough energy reserves in various forms to get through two weeks without power. And in enough ammo to fight world war three for a day.
If you have a family to feed now, then you should put the money away for your kids college fund. Or buy your kids a new computer or buy your wife a new cadillac. Or get lawn service. Treat your family to a vacation. Do something nice for them.
Buy a Gretsch 'White Falcon' kick back and relax. Watch the morons with mortgages s l o w l y go under and LARF!!!!
Hypostomus, for Iraqis, it is acturally very good advice. In the past in Asia, many people acturally live throught this kind of shit.. Say China in the 1930s to 1951, Korea in the 50s, Vitenam in the 70s, Chinese in Indonesia during the 60s and 70s. Seriously I am serious in planning to have 2 to 3% in gold, both my mother and father's family had live through those kind of shit, but us now, it might be the collapse of the financial system instead of a war. The ammo part, it might acturally be ordered April 1945 in Berlin. Will