Iran , China, Russia seem to be an axis power in nascence. This is more than saber rattling. How should one prepare for war ? Liquidate stock to high yield savings account ? (can pseudo banks like Wealthfront impose capital controls ) ? Load up on oil and defense stocks ? How can visa holders who will not be drafted help their adopted country ? #personalfinance #investments Tc - 300k #investments #personalfinance
If really you think a large scale war is likely, you should buy lots of can foods, and water purifiers, and solar generators. A war with China and Russia would be a disaster so you plan for a disaster.
War won’t or may reach but the effects will for sure right?
Don’t worry. If the war reaches US, it’s gonna be a nuclear war. We’ll all be dead for sure. Nothing to worry.
Not if u got a bunker.
Let me start a spac with ticker “BNKR” . Wsb will be lit.
I like option B: defense stocks
They will break the exchange networks. The financial system will be the first to go down.
Become self sufficient. Food, gold, land and bullets.
You guys lack basic common sense. Even if there’s a war, it’s gonna be a limited war in Ukraine, Taiwan or Korea. If US hits Chinese or Russian soil or China/Russia hit US soil, it’s gonna be a total war with nuclear weapons. We’ll all be dead in a nuclear war so nothing to worry about.
Completely true. If Russia doesn’t Balkanize after its colossal Ukrainian f*ck-up and we entered a state of war the only defense they could realistically put up is a nuclear one. Game over comes up rather quickly and saving won’t matter.
Well, the 2nd WW was supposed to end with Sudetenland, 9/11 was supposed to be targeted attacks to “smoke em out” . Wars always unravel. But I hear you - dollar dollar bins won’t help in nuclear winter .
Sell everything and buy gold, in smaller bullion, easy to carry in case you need to escape. Try and buy a shelter in the wilderness, it’s crucial when there is no infrastructure, cities and suburbs will become a waste land. This is it folks
Ok Dwight
I laughed so hard I snorted.
Build bunkers and buy canned food. The next major world war is total annihilation, no point investing if you think war is likely.
Get a medical license and charge people for fake bone spurs diagnosis.
Naah, hospice is going to be way more profitable. 😅
The war won’t reach the US for sure , maybe a couple of bombs here and there but not invasion as none of those countries can afford it. I will just buy land and houses
It might not reach US true. But surely investor confidence will be shaken ? SPY was down 15% when 9/11 happened. Also, with hypersonics, balloons already in our airspace, I wouldn’t be too sure they won’t reach us. Not fear-mongering. Just fearful.
A few rockets here and there , but an occupation army is way more scary.