by RacerJace » Fri 11 Aug 2006, 11:01:36
$this->bbcode_second_pass_quote('Doly', '')$this->bbcode_second_pass_quote('Wednesday', '
')Once you feel pretty secure about feeding yourself, the tough questions start. How many vehicles can you really expect to maintain and for how long? How about weapons? The questions just get harder after this point.
Classic, classic, classic doomer mistake: think food first, then everything else.
Food does not come first. Shelter comes first. It's hard to live for any extended period of time homeless and sleeping rough. Plus, losing your home is much more likely than going through a famine. To get homeless, all you need is some bad financial luck. And bad financial luck is likely to be the first thing that will hit with PO, much before anything else.
So, if you are a doomer, Number 1 is owning some kind of shelter, but not paying a mortgage. The bank can throw you out of your property if you fail to pay the mortgage. That's the main thing you have to worry about.
If that is resolved, feel free to go into any sort of homesteading adventures, but I suggest you start by energy, because, logically, that's where the problems will start. So, insulate as much as possible. Get windmills and solar panels. You get the idea.
Doly is right in that getting out of debt is a good first step. If you have equity in your house then sell it and invest the capital gains in something that will secure your wealth through the looming economic crash. Gold and silver are often quoted favorites but it's also worth considering oil and alternative energy stocks. This is my plan and it's up to you to decide if it is the right thing for your circumstances. Some people believe it is better to use the money to stock up on survivalist gear. Food and shelter (some durable camping gear etc) are all worth considering. Some are going nuts on buying weapons, training for self defence and survivalist skills. Whilst the passcificts are studying things like permeculture and how to get eco-villages started.
My immeadiate plan is partly based on making some quick money on the current boom in commodites and the bull market for gold and silver in the coming years (based on the belief that it will go above US$2000 / oz as the dollar slowly collapses). It's a gamble but I feel more certain that the value of housing will plumet in the burbs and I didn't want to be stuck upsidedown in a morgage and with grim prospects for ongoing employment.
I have intensions to do develop both defensive and sustainable (eco-village etc) skills. But the reality is that I am still working in a dead end job and wasting time just thinking about what I would/should be doing. It takes some real guts to abandon the status quo life style and go in a new direction and I'm not quite there yet. At least I'm debt free. That's the first step in my opinion.