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Nickelless
Administrator
USA
5580 Posts |
 Posted - 02/15/2009 : 14:56:23
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On this thread, I posed the question of what's more important than stocking up on food, preps, ammo, etc., as opposed to wasting money on stuff that won't benefit us down the perilous road we're on:
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So to play devil's advocate, what is more important than buying things we need to survive and instead kicking the can down the road, so to speak, and not deal with it until later, which may be too late? If you're thinking that stocking up on food, ammo, other preps, etc., isn't that important or that it can wait, I'd like to know why you feel as you do and what you're buying in lieu of long-term necessities.
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JSutter
Penny Pincher Member
214 Posts |
Posted - 02/15/2009 : 15:36:44
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The way I look at it is twofold. First nothing is more important to me than my preps and I haven't been putting anything ahead of them. My only problem is that it seems there is so much I need to do that I have to skip from this to that to something else. Around the start of the year I bought several more guns and a bunch of ammo, then I switched to getting more canned goods, now the past few weeks I've been working nonstop on preparing my garden.
The second part of my thoughts is that it's smarter if you know you're going to need stuff down the road, and you can afford it now, to get it now. I've already noticed that the cases of ammo I bought in December and January are significantly higher now so I actually saved money by buying them then. Same with the guns. Why put off buying something until further down the road if it's a given that it will cost more then.
This whole thing to me is a learning curve, this time last year I was stacking silver because I was sure it was the way to beat inflation and would help me keep my buying power for future emergencies. Luckily I noticed around July how much metals fluctuated and figured with the economy worsening the bottom would fall out of the industrial demand for metals. Luckily I sold all my metals then and used the money for preps, I made maybe $200 profit on the 300+ oz of silver I had but I think I came out ahead. The only true way to beat inflation and maintain buying power is to buy what you need for the future now [providing it can survive storage]. Not only does this lock in the price for you and help you to beat inflation but by having everything on hand you're in a significantly better position than everyone else if inflation takes off, there is an emergency, you lose your job, etc.
It really doesn't make sense NOT to stock up on items you'll need later now [I'm really starting to hate the word "hoard" because it has negative connotations] if they're storable, you have the room to store them, and the money to buy them now. People may think were crazy but they'll be the same people complaining when prices on everything have gone up. You see or hear them all the time talking about "This only cost me $x.xx last year". In the past ten years have you ever seen the prices of consumable goods and groceries drop across the board? You're not going to get hurt by buying now and by delaying you'll only pay more or face the prospect of the items not being available at the point in the future you need them most. Tell me who's really crazy. |
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Delawhere Jack
1000+ Penny Miser Member
USA
1680 Posts |
Posted - 02/16/2009 : 17:51:19
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Not that I'm buying them now, but a good supply of shiny things that spin might be worth having in order to distract the MZB's should they come after you.... 
But seriously, everything I've purchased for the last several months has had to pass the survival-need-it-or-not-filter in my head....besides smokes and beer, that is. |
"Educate and inform the whole mass of the people... They are the only sure reliance for the preservation of our liberty." Thomas Jefferson
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n/a
deleted
105 Posts |
Posted - 02/16/2009 : 21:34:28
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| Are you trying to tell me alcohol isn't a "needed" thing? Besides the fact that beer is delicious, in a barter type society, it'll be worth its weight in some other form of delicious ;). |
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theo
Penny Hoarding Member
USA
588 Posts |
Posted - 02/17/2009 : 08:02:18
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I've been trying to get friends and family to stock up as well. The question I typically get is, "What am I supposed to buy?" I tell them to make a list of everything they use in a given month. "That's what you buy." I tell them (With an eye towards shelf life of course).
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Sharkman
Penny Sorter Member
USA
49 Posts |
Posted - 05/14/2009 : 18:32:51
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| I live in Florida and hurricane season is around the corner. Stocking up on bottled water, canned goods, batteries, beer, etc is a must. Mmmmmmmm beer! |
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 05/14/2009 : 18:50:48
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if I lived in Florida, I would have multiple 55 gallon drums food grade filled with drinking water, maybe buried in the ground. all you need is to have the power out at the water company and you are screwed.
would also have a wagon and a bike for getting supplies. maybe booze in small bottle for barter. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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Nickelless
Administrator
USA
5580 Posts |
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What's more important than food, preps, etc.?
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