Hi, Steemians! Crypto rises, gold rises, hyperinflation of dollar and jammed bank interest rate. Indicators of upcoming financial crisis.
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What you can do, before it's too late
1. Don't hold all money in banks
Small percentage of money is recommended to be hold in banks. To have cash on hand for everyday use, but if crisis strikes and accounts are getting locked, you'll have a bad time.
2. Invest in gold and silver
Gold is all time high, silver is pretty much low. Buy gold as usual and buy good chunk of silver. Rising price of silver is expected after downfall, or in general.
3. Invest in crypto
Steem, EOS, bitcoin or any other crypto.
4. Buy supplies
Buy products which don't have expiration date or for which price might rise. Some people that have supplies, often make savings. On cigars, coffee, alcohol or other (for which prices get absurdly high over night).
Ratio of Investement:
@dollarvigilante recommends: Gold n silver 60% and crypto 20-30%, some percentage taken for cash (everyday use).
You can use more in cash if you don't want full all in.
Crypto rise can be checked here:
"Pray for the best, prepare for the worst."
"People can get smarter, but not wiser."
Thank you for reading and support.
Farewell.
