Sunday, February 22, 2009

Money during and after the crisis

Anonymous said...
Ferfal, I believe you are overstating the importance of knives, gu ns, doors, dogs etc.

You are emphasizing it a bit too much - not much - just a little.

You forget to mention one thing: how do you earn money?

Money in its various forms is the most important thing.
Without money you can forget buying everything else.

How do you earn money? How do you plan to earn MORE?
February 22, 2009 11:31 AM

Anonymous said...
A pocket knfe with some led light attached to it, is just cute, but it cannot buy you anything.

Surviving means being able to feed oneself, having health insurance and a roof over one's head.

With a gun and martial art skills you might survive one day, money makes you survive all 365 days of a year.
February 22, 2009 11:39 AM

My Anonymous friend...
You are underestimating me a bit too much.:)

I’ve insisted more than enough about the importance of money (both paper money and precious metals), even caught a bit of flames from angry survivalists that say it’s just pieces of paper and shiny metal.

Try looking into the Archives for articles regarding the importance of money and gold and how to make money after the crisis.
I’ve written about all those things you’ve mentioned… in the past… when people didn’t seem to thing money was such a big deal.. ;^)
Real estate investing and renting after the crisis
Mistakes survivalists make
More on gold and other concerns
Making money during crisis
(this one is rather appropriate given the current times)
Jewelry gold on field test
Most important need in first few days
About using gold and otherforms of currency



Anonymous said...

"You are underestimating me a bit too much.:)"

I would never dare doing that!

Still, you could tell us if you have good advice on how to earn money (before investing it).

I assume it is the same in Argentina as everywhere else: earning money is difficult.

FerFAL said...

Making money is never easy of course.
And it gets much harder after the crisis.
You need to be smart, mostly learn what people need and fill that new niche created by the crisis.
What I wrote in “Making money during the crisis” are some example of the most successful ideas that actually worked out very well. Many people saw these needs and made money out of them.

I’m sure there’s many more , the ones I mentioned are the ones that were most successful.
A good career and working in a big firm has many advantages, but the bad part is that getting fired is something that is always there, and during hard economic times as you get older they get rid of you, change you for someone younger that asks for less money. We’ve seen a LOT of that here.