When the you-know-what hits the fan, water is the one commodity we can’t live without for more than about three days. Having enough water on hand for you and your family to survive for a couple of weeks is no easy task or fun to think about, but it’s necessary. (You can begin by reading Your Survival Guy’s special report on water here).
Why not just see how life plays out, you might think. Why leave it to chance is my response. When you start planning for the worst, you immediately turn yourself into a provider rather than a liability. You create value.
Which brings me to investing in times like these. When you think about return of your assets, not return on them, you get yourself into survival mode. With bonds priced today as a relative bargain to stocks, you can think of the return of assets with a decent yield.
You don’t need to be a survivalist to be a survivor. You don’t need to start knitting your own sweaters, but if you can do it. Focus on your own set of skills and act to better your situation while you can. Turn potential problems or liabilities into assets on your Survival Guy balance sheet.
Action Line: You can do this. Start today by filling a clean, empty container with water. Maybe do it every day for a week or two. You got this. And after some time, you can say you got water.
Originally posted on Your Survival Guy.
If you’re willing to fight for Main Street America, click here to sign up for the Richardcyoung.com free weekly email.