Join Early Retirement Today
View Poll Results: Doom + Gloomers: what are you doing to prepare?
staying the course against your better judgement 74 66.07%
getting out of stock market 6 5.36%
stockpiling cash 15 13.39%
buying gold 7 6.25%
converting assets to another currency 7 6.25%
stockpiling food/water/guns/ammo 15 13.39%
buying'73 Ford Falcon Coupe and converting it into an impregnable fortress/killing machine (shoulder pads + shotgun free with car) 11 9.82%
Multiple Choice Poll. Voters: 112. You may not vote on this poll

Reply
 
Thread Tools Search this Thread Display Modes
Old 07-27-2008, 02:49 PM   #21
Moderator
Alan's Avatar
 
Join Date: Jul 2005
Location: Eee Bah Gum
Posts: 21,105
Quote:
Originally Posted by FIREdreamer View Post
No neighbors that are not either family or friends for miles. And like I said, the gun situation can easily be remedied.
Sounds like a great fall-back position to be in, plus Switzerland has National Health coverage where no-one ever goes bankrupt if they get really sick. (and they rank over 40 places higher than the US in life expectancy).
__________________

__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Now it's adventure before dementia
Alan is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 07-27-2008, 03:28 PM   #22
Moderator
MichaelB's Avatar
 
Join Date: Jan 2008
Location: Rocky Inlets
Posts: 24,456
Quote:
Originally Posted by Alan View Post
I didn't vote 'cos I'm not a "doom and gloomer" and am planning on staying the course. However, it will be interesting to see how many forum members consider themselves to be doom and gloomers. I would have thought that people who can be FIRE'd would mostly fall in the "confident I can ride out whatever may come" club
I also didn't vote for the same reason. In my past working life I lived thru some real "doom and gloom" stuff and remember it quite well. Lots of crappy stuff going on now - too much greed and not enough accountability - but no despair.
__________________

__________________
MichaelB is online now   Reply With Quote
Old 07-27-2008, 03:46 PM   #23
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
The poll is missing the "put underpants on head and start babbling on a street corner" option that a surprisingly large number of forum participants seem to be adopting.
__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline   Reply With Quote
Old 07-27-2008, 03:58 PM   #24
Recycles dryer sheets
 
Join Date: Dec 2006
Posts: 347
Got the guns, ammo, and food. Oh yeah I've got a '68 Jeep Gladiator 4x4 pickup with an 8 1/2' snow plow on the front of it and two dogs. Live on a river with lots of fish and own 20 acres of wood for heating.

Haven't changed my AA though
__________________
USCG regulations say you have to go out. They don't say anything about coming back.
USK Coastie is offline   Reply With Quote
Old 07-27-2008, 04:07 PM   #25
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Quote:
Originally Posted by FIREdreamer View Post
If things really got really bad (plan Z, that's if we have exhausted plan A, B, C, D,...), then we would probably board up the house and go live in my family's compound high up in the mountains on the Swiss/French border. Seventeen acres of fertile farmland, another 12 acres of forest, three houses (with only 1 occupied right now), enough land to feed all of us and enough wood to heat the houses for a lifetime. We have a stream filled with fish traveling across the compound, plenty of wildlife to hunt in the forest, and a massive rain collection system plus 2 springs that would provide adequate drinking water reserves. Also plenty of euros/swiss francs/USD in case any one of those currencies is still worth something. No guns, though we can easily remedy that situation. No 73 Ford Falcon either, but a bobcat and three tractors that could be converted to armored vehicles. Are we prepared enough?
So basically live like most people did a couple of hundred years ago, before we invented the workplace hamster wheel and a brazillion dollars worth of electric, electronic and gas powered toys?
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Old 07-27-2008, 04:08 PM   #26
Recycles dryer sheets
 
Join Date: May 2005
Posts: 438
Pretty much stay the course - mobile home and land payed off a while back

But just in case

National Lampoon's Animal House Delta Tau Chi Deathmobile

I know where an old Lincoln rests in the weeds.
__________________
rmark is offline   Reply With Quote
Old 07-27-2008, 04:11 PM   #27
Recycles dryer sheets
 
Join Date: May 2005
Posts: 438
Although at current gas prices, I'd rather be Moped Max than Mad Max.

A moped with a hood scoop and a barbarian would make a great model.
__________________
rmark is offline   Reply With Quote
Old 07-27-2008, 04:15 PM   #28
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
I think thats where the shotgun comes in.

All the free gas you want.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Old 07-27-2008, 04:28 PM   #29
Recycles dryer sheets
 
Join Date: Jul 2008
Location: Joaquin, Texas
Posts: 164
Quote:
Originally Posted by Marquette View Post
The main issue with that scenario is if your neighbor wants your stockpile.
+1
__________________
Life is good. Then you die.
lawman is offline   Reply With Quote
Old 07-27-2008, 04:37 PM   #30
Moderator Emeritus
 
Join Date: May 2007
Posts: 11,044
Quote:
Originally Posted by cute fuzzy bunny View Post
So basically live like most people did a couple of hundred years ago, before we invented the workplace hamster wheel and a brazillion dollars worth of electric, electronic and gas powered toys?
Yeah pretty much, nothing wrong with it though, but certainly not the lifestyle I would WANT if I could help it. That's why I called it plan Z... The situation would have to become so dire before I implement plan Z that living like most people did a couple of hundred years ago would sound pretty darn good!

But like I said, I am not a doom and gloomer. I am quite optimistic and confident that the current situation won't last and that I won't have to implement plan Z anytime soon. I haven't made any changes to our investment portfolio and I am currently buying lots of stocks, so no apocalyptic scenario on the horizon for me.
__________________
FIREd is offline   Reply With Quote
Old 07-27-2008, 05:11 PM   #31
Full time employment: Posting here.
Frugality_of_Apathy's Avatar
 
Join Date: Jul 2008
Posts: 622
I've decided to go with the gyrocopter and boomerang wielding feral kid adoption option. By all accounts he was the only one living the good life in the soon to come 'pockyclypse.
__________________
Frugality_of_Apathy is offline   Reply With Quote
Old 07-27-2008, 05:13 PM   #32
Full time employment: Posting here.
 
Join Date: Nov 2005
Posts: 828
I'm working harder to produce something that I can actually sell someday. Previously, I was doing more basic research (long-term payoff) than product development (short- or medium-term payoff).
__________________
socca is offline   Reply With Quote
Old 07-27-2008, 06:13 PM   #33
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Quote:
Originally Posted by Frugality_of_Apathy View Post
I've decided to go with the gyrocopter and boomerang wielding feral kid adoption option. By all accounts he was the only one living the good life in the soon to come 'pockyclypse.
But he had really, really bad teeth.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Old 07-27-2008, 06:29 PM   #34
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,617
Quote:
Originally Posted by CompoundInterestFan View Post
This post is made partly in jest, but I am curious to know what those of you are doing who believe the current financial crisis is fundamentally different and that some really bad times are ahead.
You need the option "Will console myself with repetitive posts to E-R.org about how the sky really is falling and it really really is different this time. No really."

Because the doom & gloomers on this board don't seem to be doing anything constructive with their angst-- other than splattering it around for everyone to share. Heaven forbid this little short-term gut check should be used as an opportunity to set an asset allocation that they can actually sleep with, let alone live with.
__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Old 07-27-2008, 07:08 PM   #35
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2003
Location: Kansas City
Posts: 7,408
Quote:
Originally Posted by Nords View Post
You need the option "Will console myself with repetitive posts to E-R.org about how the sky really is falling and it really really is different this time. No really."

Because the doom & gloomers on this board don't seem to be doing anything constructive with their angst-- other than splattering it around for everyone to share. Heaven forbid this little short-term gut check should be used as an opportunity to set an asset allocation that they can actually sleep with, let alone live with.
In the 1970's, I actually took this crap seriously - timberland which provided a future home for some stupid Spotted Owls, 10% of a non working gold mine too expensive to meet modern mining requirements.

I even had books! - from Mother Earth News and Rodale Press. Pretty good with a shotgun but could never properly marinate or learn to rotisserie clay pidgeons.

And then I moved to Psst-Wellesley.

Everyone here does realize it's so stone simple to weather a little rough patch like 1966-1982 that we we have to pontificate, crack some jokes, otherwise there would be nothing to post.

Right?

heh heh heh - Hey maybe for laughs we can repeat 2000-3. Or not?
__________________
unclemick is offline   Reply With Quote
Old 07-27-2008, 07:15 PM   #36
Recycles dryer sheets
 
Join Date: Jan 2008
Posts: 75
I don't consider myself a doom and gloomer but considering that I live in South Florida, I am always prepared for disaster....can food, flash lights, batteries, etc. In 2005 when Hurricane Wilma hit, we lived without electricity for three weeks.....we ate can food, barbequed, fought in the stores with people for water(LOL)...we bathed in my mom's swimming pool...to tell you the truth it was no big deal to me.
Sometimes when I read the news, or come here and read some of the threads I feel like I'm in the twilight zone because what I truly see out "in the real world" doesn't match what I read. In 2001, in Argentina "all hell broke loose".....if you get a chance, recently a documentary of the happenings of Argentina's "collapse" was posted on You Tube(it's posted I believe in twelve parts). Now that was a collapse!!!.....banks closed.....ALL banks.....people banging pots and pans in the streets yelling "WE want our money", people went and hounded politicians day and night at their residences, massive store lootings, police beating up people on the streets, people being kidnapped, food shortages, the president "escaped" via helicopter from "the casa Rosada"(Argentina's White House), there were a whole host of different currencies (different regions used different pesos), inflation skyrocketed, unemployment in the double digit, we had 5 presidents in the span period of I believe one month. I was here when it started, but when I heard from my family, I took off to buy a house. I have learned that it is during these times that you buy...some trains only come by once or if you are lucky twice in a life time. So, you better believe I'm not getting off of this train!! I don't see a collapse or nothing even close. Could it happen? Surely, and I will profit from it. I hate to tell people to stay the course because we are all different...what is right for me may not be right for my neighbor.
__________________
Nanita8140 is offline   Reply With Quote
Old 07-27-2008, 07:44 PM   #37
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2003
Location: Kansas City
Posts: 7,408
Katrina - no more house, no insurance(over water).

Now 1000 miles inland on a hill in Missouri - tornado touched down a mile or so south while we were on vacation in New Orleans but mostly they stay in Kansas or at least 'the flatter land'.

also renewed my Passport.

heh heh heh - not to worry. Party on! You don't want to leave too much money on the table - I still believe you can't take it with you.
__________________
unclemick is offline   Reply With Quote
Old 07-27-2008, 07:52 PM   #38
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Moemg's Avatar
 
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 10,035
I'm stocking up on the important things books & wine just in case !
__________________
Moemg is offline   Reply With Quote
Old 07-27-2008, 08:14 PM   #39
Recycles dryer sheets
 
Join Date: Mar 2004
Posts: 228
I prefer deadfall traps and packs of savage hounds to guns. In a doomsday scenario, which this is not, we could fall back on our family farm and grow everything, including wheat and winegrapes. Lamb is the specialty meat in grown on farms around here, and I prefer it to eating rats or even canned dog food. If it weren't for the teenager and the kid in college, we'd be there now instead of ... the bad word.
__________________
LRS is offline   Reply With Quote
Old 07-27-2008, 08:34 PM   #40
Thinks s/he gets paid by the post
ladelfina's Avatar
 
Join Date: Oct 2005
Posts: 2,713
Quote:
Could it happen? Surely, and I will profit from it.
Nanita, I have read some other accounts of those who have had to go through the Argentinian collapse. Unfortunately guns and ammunition figure heavily.

What are your (financial) defenses and how do you structure, generally, your investments.. given all you have experienced (outside of buying your house -outright?-, which instinct I understand and share)..?

Are you willing to share what you see as the "profitable" position in such an extreme circumstance? Thanks in advance..
__________________

__________________
ladelfina is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
How did/do you prepare for ER--Round 2 education Other topics 11 05-07-2006 09:08 AM
MOVED: How do/did you prepare for ER? dory36 Other topics 0 04-30-2006 08:43 AM
How do/did you prepare for ER? education Life after FIRE 14 04-29-2006 11:42 PM
Doom and Gloom Helen FIRE and Money 75 02-14-2006 11:24 PM
More Doom and Gloom Eagle43 FIRE and Money 65 02-19-2005 08:05 AM

 

 
All times are GMT -6. The time now is 06:28 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.