We have probably all noticed the stock markets seemingly impossible rise while people remain destitute and unemployed. As food prices rise noticeably at grocery stores and for other necessities, people are beginning to notice that something doesn’t seem quite right.
We are in a massive stock market bubble and that is undeniable at this point. So, what do we do when the inevitable happens, and that bubble bursts? Well, there’s a few ways to prepare beforehand to offer yourself the best chance possible to get through it as unscathed as possible.
Some anticipate a stock market bubble burst (market crash) in the first half of 2021. Others say we have until the second half of 2021. Either way, we should all consider protecting ourselves the best we can regardless of when this bubble finally pops.
Start by boosting your savings account. Cut some costs and expenses and put a little money away as you can. Having some cash stocked up will help. The only time this may not pay off is if we have a currency crisis (and that is possible) and a run on the banks making your money impossible to get to. In this case, have some cash on hand. Most people will take cash for some time after a market crash, even if the central banks want to transition us all to a digital dollar.
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Next, store up some gold and silver that you can use for barter. You could also store up on things others might want and might not be able to get if the big bubble pops. You can store things like coconut or olive oil and dried or canned foods. Have some extra necessities such as toothpaste and soap. Make sure you have plenty of water or be able to get a clean source of water. Water is often forgotten and could be very valuable if you can get some clean clear water to barter with. Take care of your own water needs first, but if you can, having extra water will be worth a lot if the entire economy collapses and the market bubble bursts suddenly and unexpectedly.
The final thing you want to do is make sure you know what is going on. Read, listen to, and understand everything possible using your own critical thinking and discernment skills. Being able to filter through the news and figure out what is really going on is one of the most valuable skills you can have. We know we are not getting the truth and we have to be able to make sure we actually think about the things we read.
Having barterable items will help you out in any kind of currency problem, including the stock market bubble crash. However, knowing how to think critically about what we are being told is a skill that will be invaluable, especially in the coming months.
Best Regards,
FutureMoneyTrends.com
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