Financial Survival Kit

What do you need to be prepared for the future financial turmoil? How can you survive?

Should I Buy Gold?

It seems like everyone is a gold bug these days, but is it the right thing for you?

What Are The Chances?

With all this "end of the world" hype going on, maybe we should consider the chances. What are the chances of a civilization threatening event?

How Much Insurance Do I Need?

Insurance is an extremely broad topic. Hopefully this generalization on the different types and amounts will help straighten things out a bit.

Iraqi Dinar: Scam or Scoop?

Some say it's an easy way to make a million bucks! But do you understand currency markets enough to take advantage?

The financial world we live in is just as wild, if not more, than the mountains and woods we walk through. We are told that the fundamentals of our economy are strong, but we can feel that something is wrong. My unique financial background and survival passion make Financial Survivalist and excellent place to learn and share.

Saturday, October 27, 2012

Driveway French Drain Repair


The driveway was sloped away from the french drain and all the water was flowing into the garage. I installed a drain the entire width of the driveway to prevent further water damage. This is my journey.

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Friday, October 26, 2012

Why I Can't Wait For Nov. 6; It's not what you think.

Anyone that has spent the last few months on planet earth knows that the presidential election is coming. Politics can be seen everywhere you go. I believe that our country is at a tipping point and this election represents a point of no return. Considering how politically opinionated I am, it's ironic that I cannot wait for it all to be over. 

It's not because I think Romney is going to win, or because I want to be friends again with my liberal friends. It's because I want to know how to prepare for the next four years. Based on history, sociology and simple economics, I know how the next four years will look depending on who is elected.

If Romney is Elected:
  • instant hiring will happen because confidence will be restored
  • stock market will skyrocket for the same reason
  • velocity of money will speed up and we will see inflation
  • high interest rates to combat inflation
  • housing market will continue with low inventory and price appreciation
  • though a fiscal cliff will loom, faith will be restored that evasion is possible
If Obama is Elected:
  • the US will most definitely hit a fiscal cliff: tax increases, forced budget cuts, & or debt ceiling
  • stock market will crash; it has stayed afloat with hope
  • hiring will remain sluggish for years
  • housing market will continue with low inventory and price appreciation
  • hyperinflation becomes an actual possibility, but not immediately
  • freedom will become a luxury
  • the cost of healthcare will skyrocket, even compared to recent appreciation
  • the federal debt will hit 20T, maybe not for 5 years, but it will.
  • US credit rating will be slashed again
  • Fed WILL NOT stop printing money
You may not agree with me on any or all of these points, but I don't care. I have done the research. I have studied and observed great societies and their degradation. I am confident in my analysis and predictions. I also still believe Obama will win for the simple fact that I don't have faith in society. I have said it before, if Obama win's I'm headed for the hills. Not literally  but figuratively. My Homestead Project will be kicked into overdrive and I will be up and running by next summer.


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Wednesday, October 24, 2012

Ameritopia by Mark Levin


If you watched Ben and Dan on a Log, then you know I was reading Ameritopia by Mark Levin. In Ameritopia, Mark Levin summarizes the ideas of several conservative and utopian philosophers. I love the fact that he allows you to see both sides. He explains the positives and negatives of ALL the different philosophies.

I'm ok if you subscribe to a different philosophy than I, as long as you understand to what you subscribe. What bugs me is ignorance; thinking you support a good cause, but not realizing the negative and possibly hypocritical impact of your actions.

What is amazing about Ameritopia is that while explaining different philosophies in plain language, Mark allows us to see which ones actually work, and which ones lead to the degredation of society. The simple fact is that man is not perfect. Imperfect man will not allow for "perfect" society. Any attempt to achieve it results in horrible consequences. The next best thing is free society.

All in all, it is an excellent book. Mark Levin seemed to try and keep a non-biased point of view. However, it is difficult to maintain a well educated non-biased point of view. Read it! Decide for yourself!

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Thursday, October 18, 2012

Freedom vs Free Stuff

Benjamin Franklin said (paraphrasing) "Those who give up freedom in exchange for security will have neither." The exact quote is from a letter he wrote, but you get the point. When we allow the TSA to look at our naked bodies in the name of security, we are giving up freedom for security.

Whenever we depend upon someone other than ourselves we give up some of our freedom and usually do so in order to obtain some sort of security. The more we accept the governments role in our lives the more they will have power to control our lives. Think about the new lunch program Mrs. Obama has promoted. Kids that have government lunches have given up their choice of what they get to eat for lunch in exchange for a free lunch.

You can't have freedom AND free stuff. Yet more and more this attitude of entitlement is growing. The day will soon come in which the government they rely on for so much will dictate how, where or if they can live, and because of their level of dependence they will have no power to object.

I know we are a long way away from being North Korea, but what most people don't understand is that a foundation for that kind of government is being built in front of our eyes. Once all the pieces are in place, and they almost are, it will only require a flip of the switch and the light of freedom will go out.

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Monday, October 15, 2012

Agent VS For Sell By Owner

There are many positives and negatives to selling your home yourself.

Positive

  1. Save Commission, usually 6%
Negative
  1. It's a lot of work
  2. Often lack of experience creates unnecessary risk.
  3. YOU DON'T SAVE ANY MONEY!
You don't save any money?

The average For Sale By Owner home sells for a price that is $60,000 less than a home listed with an agent!

You can save money and time by negotiating a lower commission! However, when hiring someone that will be negotiating the highest possible price of your home, do you really want someone that can't even negotiate their own commission successfully?


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Wednesday, October 3, 2012

Does Stimulus Spending Work?


I think this is my favorite video from LearnLiberty. What is the coorilation between government spending and economic growth? Not what you think. I don't care who you are or what you know, you can learn from this amazing video from Learn Liberty.

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Monday, October 1, 2012

Ben & Dan on a Log


My buddy Dan from TheDailyPrep.com wanted to catch up, so he came on over and we caught up. We decided to archive our gathering and since we were sitting on a log, we called in "Ben & Dan on a Log." Book, Preps and Work! Enjoy, and please leave your feed back so we know if we should do it again or not.

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DISCLAIMER!!!!!!!!!!!!!! Financial Survivalist MAKES NO CLAIMS WHATSOEVER REGARDING PAST OR FUTURE PERFORMANCE of investments. ALL EXAMPLES, DIAGRAMS, DISCUSSIONS, LESSONS, OR RECOMMENDATIONS ARE FOR EDUCATIONAL OR ENTERTAINMENT PURPOSES ONLY. THIS BLOG DOES NOT AND IS NOT INTENDED TO PROVIDE FINANCIAL ADVICE OF ANY KIND. ANY COMMENTARY USED ON THIS PAGE IS FOR PURPOSES OF DISCUSSION ONLY. PLEASE SEEK PROFESSIONAL ADVICE BEFORE YOU TO BUY OR SELL SECURITIES AND YOU SHOULD NOT CONSTRUE ANYTHING ON THIS PAGE AS LEGAL, TAX, INVESTMENT, FINANCIAL OR ANY OTHER TYPE OF ADVICE. PROFESSIONAL ADVISE should be sought before entering any dangerous environment. Do not attempt any act described or discussed on this website.