Paying off the house is a good deal. We will be doing that shortly. I think 401k's will be toast if the poop hits the fan.I have a couple grand in small spendable denominations in the safe and I just paid the house off, so I am comfortable with that if to goes belly up. I maintain my 401K but if it goes south that will be gone when the grid goes down. (And it will) Cash will be king for a short period of time after. Beyond that, Barter. Keeping hundreds of thousands of dollars in cash in your home? Well, you can always wipe your ass with it. Gold Silver? Never had much confidence in silver and gold if it goes to hell.
Agreed. Supposedly, the Texas Grid is independent of the national grid so we should be insulated. But as I understand it, the computers are still linked in order to sell and buy power with the other grids. (TCEQ) Still, at the end of the day, if I am bringing this country to it's knees, be it home grown or foreign, I am bringing down the grid.Paying off the house is a good deal. We will be doing that shortly. I think 401k's will be toast if the poop hits the fan.
Cash will be king for a month, plus or minus a week or two. Junk silver coins will be part of the trade. Gold not so much if at all. Bullet and other commodities such as food or your service would be the normal in a SHTF scenario.
Btw.. grid in Texas is pretty good. It's separate from the rest of the US.. there are three grids.. east, west and Texas. It's easily cut off from the rest and they do practice it. Is it secure? So so... but probably better than most.
But as to the original question I think no. I suspect that most of us here are iike you and keep a bit stashed away at the house and possibly an emergency roll hidden in the car but I prep for "just in case". Kind of like insurance. But I'm not living my life in total fear that everything will collapse in less than a week.I have silver gold and a few grand in cash in my safe. But I've been thinking about pulling most of my money in savings account and putting it in the safe What do you all think