Financial Prepper Checklist -- Part 1 (Podcast Episode 148)

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  • Опубліковано 1 жов 2024
  • We're putting everything we talk about on the podcast into one easy convenient checklist for all of you to start working on to make sure you're prepared for just about anything. We've seen already this decade that even things we thought were completely ridiculous can and will happen. And the worst, by far, is yet to come.
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КОМЕНТАРІ • 32

  • @Fa8lure
    @Fa8lure 5 місяців тому +6

    1 physical cash ✅️
    2 no debt ✅️
    3 crypto ✅️
    4 physical gold or silver (still researching where can I buy here in my country)

  • @redakye
    @redakye 5 місяців тому +2

    Hey VP, I'm only in the back testing stages of forex/trading but I just wanted to say thank you! Your channel provides so much value! Hope I can get up there one day!

  • @HedgeFundCIO
    @HedgeFundCIO 5 місяців тому +1

    I am a crypto entrepreneur. Your attitude on life is exactly like mine.
    Minamiist living, smart investing.
    There is going to be a massive wipeout.

    • @NoNonsenseForex
      @NoNonsenseForex  5 місяців тому +2

      There will be so few of us left standing.

    • @HedgeFundCIO
      @HedgeFundCIO 5 місяців тому +1

      @@NoNonsenseForex would love to chat, your background is different to mine (I am an ex macro hedge fund guy), but I really enjoy speaking to like minded younger versions of myself.

  • @Orion_dbc
    @Orion_dbc 5 місяців тому +2

    Great video VP, respect from the UK. I’ve been trying to put plans in at the age of 21, and have been watching soft commodities in addition to metals.
    Might be a little risky given the WASDE outlooks recently. But I’d imagine grains and seeds may be good positions if a recession is in the pipeline? Hopefully I’m not tooo wrong🙃

    • @NoNonsenseForex
      @NoNonsenseForex  5 місяців тому +1

      Softs were one of the things I never got into

  • @KyleBaran90
    @KyleBaran90 5 місяців тому +1

    Side note: I know you say not to overexpose yourself to the same currency (I make sure to open a countertrade on a particular currency if it gets too heavy), but I had four small 0.01 trades long on CHF a day before that retaliation happened. Surely you saw those gigantic candles, there was a brief moment when I went from 10% to 20% profit on those trades. Crazy. I know that's not usual, but I just happened to be on the right side of the line and made a few bucks. The market cooled off and most of that profit softened. Still cool to experience those jumps.

    • @NoNonsenseForex
      @NoNonsenseForex  5 місяців тому +2

      CHF being treated as a safe haven, even though I don't think it is anymore.

  • @mikebeing1322
    @mikebeing1322 5 місяців тому +1

    You have talked about holding physical gold in a storage offshore. I have been searching, but I couldn't find that particular podcast #. Can anyone remember or help me?

    • @NoNonsenseForex
      @NoNonsenseForex  5 місяців тому +1

      If that's all you're looking to learn about, it would actually be better to run a search on YT for metals storage in places like Austria, Singapore, of the US.

  • @cguillaume9285
    @cguillaume9285 5 місяців тому +1

    Even across the ocean your advices arrive, i have all that you check ;-) Hie from France

  • @Porphyrogenitus1
    @Porphyrogenitus1 5 місяців тому +3

    Bullish on Guinea Pig Futures!

  • @Modestwilliam
    @Modestwilliam 5 місяців тому +1

    how i wish i can convince my age set to listen to this 😊😊

  • @travisjackson9754
    @travisjackson9754 5 місяців тому +1

    Thanks vp!!!!

  • @longtailgar
    @longtailgar 4 місяці тому

    What do you think about energy etf's?

  • @ayowaleojo8491
    @ayowaleojo8491 5 місяців тому +1

    I was early 😂

  • @johnathangreay987
    @johnathangreay987 5 місяців тому +1

    Hahahaha Patchrick Star, even he got the ladies. Lmfao!

    • @NoNonsenseForex
      @NoNonsenseForex  5 місяців тому +2

      He knows what to do

    • @johnathangreay987
      @johnathangreay987 5 місяців тому +1

      @@NoNonsenseForex lmfao! VP Man you're alright. Aside from making people's live much better. You're definitely on a whole new level.

  • @AlanTrades
    @AlanTrades 5 місяців тому +1

    Cant you store it at your local bank?

    • @NoNonsenseForex
      @NoNonsenseForex  5 місяців тому +2

      I'll assume you meant cash. Many reasons, but most importantly once you do it no longer becomes yours. This isn't a problem right now, but this isn't what we're planning for.

    • @AlanTrades
      @AlanTrades 5 місяців тому +2

      @NoNonsenseForex damn shit just got real. I meant like gold, silver bars and coins, plus cash. I mean everyone's hitting houses stealing hundreds of thousands of dollars

    • @Rhino11111111
      @Rhino11111111 5 місяців тому +1

      The U.K. passed legislation for the banks to take you money away during a bank run. If everyone is to start taking their cash out of the bank then the bank can reject these requests.
      I highly suggest to look into bitcoin and learn about self custody.

    • @NoNonsenseForex
      @NoNonsenseForex  5 місяців тому +1

      @@AlanTrades You can put it in a safety deposit box, just make sure to tell the taxman.

    • @AlanTrades
      @AlanTrades 5 місяців тому +1

      @NoNonsenseForex what are you saying? That anything you want to store had to be reported during taxes?