Weekly Wealth Digest New
Dear Member,

What if the ATMs didn’t work, your smart phone had no reception, and you couldn’t even get your computer to sync up to the Internet? These are all real-life scenarios, according to the former Secretary of Homeland Security, if an EMP terrorist attack ever struck our very vulnerable electrical grid. Where a single attack in Colorado could bring about a nationwide blackout from coast to coast.

Now, I don’t believe any crisis will last forever – humanity seems to be pretty resilient. A list of a 1,000 items or skills needed to survive could be created, but to save you time, I’ve narrowed it down to just 10 items.

10 Items to Survive a Financial Collapse

  1. A family emergency plan. Where to meet, what to do, and who to trust. Ideally, an emergency plan will include several people outside of your home.
  1. Emergency food supply. This goes without saying. In addition to what you have in your pantry and refrigerator, you should always be prudent and have a solid 6 to 12 months of dried food. Not because we are planning for a 1-year food crisis, but because in the event that we have grocery store disruptions for a few weeks, you will want to make sure you can help your neighbors.I know that prepping brings out the Rambo and survivalist in many readers, but please keep in mind that your neighbors include children, and even infants. Believe me, when the time comes, you’re going to want to help the people in your community.
  1. Guns and ammo. Need I say more…
  1. Things for barter. Silver, cash, government-issued coins, coffee, alcohol and extra ammo.
  1. Medications. Prescription drugs your household may need, pain medication, first aid supplies and antibiotics.
  1. Paper statements. When things do come back online, fast-track your recovery by having proof of ownership. Whether it’s a stock certificate or an account statement, you will want to have evidence of your assets.
  1. Physical gold. Just like fire insurance for your home, you want to own some physical gold for the absolute worst case scenario. This way you have a real asset that is easily portable and globally recognized as a store of wealth, in case a new monetary system arises that is much different from the one that collapsed. It’s possible gold ownership becomes illegal, as it has in the past, so be sure to include some physical silver, platinum and palladium.
  1. Backup generator. The ability to have a hot cup of coffee or a warm shower could be a priceless activity during a time of crisis when utility workers are unable to keep your services working. Have a plan for at least some limited power sources. Extra wood, a spare propane tank, and if you can afford it, a gas generator.
  1. A plan B. An exit strategy in case where you live becomes unsuitable, possibly from civil unrest in a major city. Fire itself can affect everyone from people living in the woods to the city. Always have a backup plan in case you need to abandon ship.
  1. Solar powered radio. Communication will be key. You need to know what is going on around you, in the nation, and if there are any dangers lurking that you need to be aware of.

Surviving Financial Collapse

Don’t fear this scenario. The U.S. and many other nations have gone through severe depressions and resets. Argentina, Japan, Germany and Russia, just to name a few that have gone through systemic changes in the past 75 years. A crisis is noted because it’s not normal, meaning it doesn’t last forever. Keep this in mind because America has a lot of problems, but you will get through the next big crisis.

Best Regards,
Daniel Ameduri

Editor’s Note: Get extra income ideas and investment ideas that are completely outside of the banking sector in our premium membership letter. You can also find our Forever Stock portfolio. These are the best businesses in the world; ones that can help you create a dividend cash flow machine!

Weekly Wealth Digest Video Episode 62

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