oh its ah ah, wait I mean its this thing that you have to do when that one thing comes and then you are all set for the great COLMOLLIIN. Thats what I got
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You guys are killing me with this.... My birthday's not till May, too early to prank me by acting like you all don't get it! Funny though, you had me going!Boris- "He's famous, has picture on three dollar bill!"
Rocky- "Wow! I've never even seen a three dollar bill!"
Boris- "Is it my fault you're poor?"
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www.homesteadingandsurvival.com
www.survivalreportpodcast.com
"Don't be too proud of this technological terror you've constructed..."
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duh, wrong thread... sorry. Was thinking this was the pics of COLMOLLIIN preps thread.... Oopseywww.homesteadingandsurvival.com
www.survivalreportpodcast.com
"Don't be too proud of this technological terror you've constructed..."
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@LD3 - do you think that the paper stuff would be any good in COLMOLIIN? That would probably be the first of that type of stuff I would use up.
I will hopefully be posting my pics this afternoon when the kids are knapping."It's a trap!!!!" -- Admiral Ackbar
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Well their is a good bet that it won't purchase the same things it did years ago- inflation being what it is.
I still think having some cash is a part of your economic preps.www.homesteadingandsurvival.com
www.survivalreportpodcast.com
"Don't be too proud of this technological terror you've constructed..."
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Certainly $10K that could have been put in gold in 1999 would be worth $54,000. roughly now. Course similar could be said about $10K put into any number of mutual funds or good stocks.
But $10K left in cash in the First Bank of Sealy Postuerpedic (sp? too nice a bed for me) buys a good bit less than what it would have in 1999.
First new vehicle I bought was a base model Chevy truck in 1993, paid $8888. for it. In 1995 purchased another base model Chevy but this one in 4 cylinder instead of 6, paid $14,000. for it. Course a base model Toyota that lasted much longer was purchased in the early 00's for a similar price.
So, while I think we should definitely keep some cash as in greenbacks around, I don't see a lot of point in having more than say 6 months or so worth.
Any less than that and we might feel pressured to sell stocks, mutuals, tap an IRA, use a CC or sell precious metals to pay bills during a tough time. Any more than that and we feel the pinch of inflation.
If the economy truly starts to go down fast, cash would be the first thing I would dump. A lot of people would be accepting cash well into it. A lot of people will be thinking "It's gonna turn around." And of course IT MAY.
After all, we have to prepare for life continuing more or less like it is now just as much as we have to prepare for the end of the world as we know it ;)Boris- "He's famous, has picture on three dollar bill!"
Rocky- "Wow! I've never even seen a three dollar bill!"
Boris- "Is it my fault you're poor?"
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Boris- "He's famous, has picture on three dollar bill!"
Rocky- "Wow! I've never even seen a three dollar bill!"
Boris- "Is it my fault you're poor?"
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