This is one of 35 of the most common excuses and causes cited by the 99% of the population who don’t prepare.
25. All my investments go right into what makes me money and gives me security for the future.
Fact or Answer. Many people cannot find a better investment for the future than to have what they need within arms reach. Banks are closed most of the time, and online trading is only good if the internet and phone lines are up. While having a stable portfolio is important, especially if nothing happens, not having an investment in the things you use each day to live life with ease makes no sense. Buying stocks in precious metals is equally worthless compared to actually having the precious metals in your hands or your safe in a situation when the stock and commodities markets collapse or are inaccessible.