Comments on: Bunker Strategy For Surviving A 12 to 24 Month Recession http://7million7years.com/2009/05/08/bunker-strategy-for-surviving-a-12-to-24-month-recession/ How to make 7 million in 7 years ... Thu, 24 May 2012 09:20:05 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Money Hacks Carnival #64 - As American As Apple Pie | My Life ROI, Getting the Best Return On Life http://7million7years.com/2009/05/08/bunker-strategy-for-surviving-a-12-to-24-month-recession/comment-page-1/#comment-2783 Money Hacks Carnival #64 - As American As Apple Pie | My Life ROI, Getting the Best Return On Life Wed, 13 May 2009 05:30:30 +0000 http://7million7years.com/?p=2184#comment-2783 [...] presents Bunker Strategy For Surviving A 12 to 24 Month Recession posted at How to Make 7 Million in 7 Years™, saying “If you own your own home, but feel [...] [...] presents Bunker Strategy For Surviving A 12 to 24 Month Recession posted at How to Make 7 Million in 7 Years™, saying “If you own your own home, but feel [...]

]]> By: Adrian http://7million7years.com/2009/05/08/bunker-strategy-for-surviving-a-12-to-24-month-recession/comment-page-1/#comment-2782 Adrian Sat, 09 May 2009 00:21:01 +0000 http://7million7years.com/?p=2184#comment-2782 @ MoneyMonk - Great observation: i.e. save more when times are good (i.e. because you CAN :) @ DrDollaz - Having 25% of your (very large for your age) NetWorth in cash is not such a bad strategy in a recession; but, it's even better if you have one of these: http://7million7years.com/2008/09/09/how-to-build-a-perpetual-money-machine/ @ MoneyMonk – Great observation: i.e. save more when times are good (i.e. because you CAN :)

@ DrDollaz – Having 25% of your (very large for your age) NetWorth in cash is not such a bad strategy in a recession; but, it’s even better if you have one of these: http://7million7years.com/2008/09/09/how-to-build-a-perpetual-money-machine/

]]> By: DRDOLLAZ http://7million7years.com/2009/05/08/bunker-strategy-for-surviving-a-12-to-24-month-recession/comment-page-1/#comment-2781 DRDOLLAZ Sat, 09 May 2009 00:08:54 +0000 http://7million7years.com/?p=2184#comment-2781 I couldnt agree more with this! The problem with most of middle-America is that they have ALL of their net worth tied up in their 401k's and their home equity. They have little to no liquidity... and one hiccup can put them into bankruptcy! I may be a little TOO overboard on this strategy (see my profile on networthiq <a href="http://www.networthiq.com/people/DRDOLLAZ" rel="nofollow">http://www.networthiq.com/people/DRDOLLAZ</a> ) but I feel that liquidity is extremely important and should be utilized as an emergency/opportunity fund for when those situations do arise. I couldnt agree more with this! The problem with most of middle-America is that they have ALL of their net worth tied up in their 401k’s and their home equity. They have little to no liquidity… and one hiccup can put them into bankruptcy! I may be a little TOO overboard on this strategy (see my profile on networthiq http://www.networthiq.com/people/DRDOLLAZ ) but I feel that liquidity is extremely important and should be utilized as an emergency/opportunity fund for when those situations do arise.

]]> By: Moneymonk http://7million7years.com/2009/05/08/bunker-strategy-for-surviving-a-12-to-24-month-recession/comment-page-1/#comment-2780 Moneymonk Fri, 08 May 2009 16:21:20 +0000 http://7million7years.com/?p=2184#comment-2780 This what make personal finance so confusing, I just double up I save 30% of my income, just in case. The main thing is that Americans spend when times are good and spend less when times are bad. We simply need to save MORE when times are good This what make personal finance so confusing, I just double up I save 30% of my income, just in case.

The main thing is that Americans spend when times are good and spend less when times are bad. We simply need to save MORE when times are good

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