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The first step that you can take to insulate yourself against an economic disaster in the U.S is to have plenty of assets outside the U.S. You should follow the same procedure whether or not you live in the U.S as many Western nations are going down with the U.S ship of State.

You need to understand that no one owes you anything and that the best thing you can do about this is to take care of yourself just like the “smart money” have always been doing. You are still on time to dedicate money, time and effort to find an independent way to live without having to worry about social security honoring its obligations.

It is always important to understand that when there are good times we need to prepare for bad times and when bad times come we can smartly convert them in good times:

1. Diversify your assets by opening bank accounts in foreign countries.
2. Set up one or more foreign currency accounts with your U.S bank.
3. Hold strong foreign currencies instead of U.S dollars, preferably ones that are appreciating against the U.S dollar.
4. Invest in gold, silver, strategic metals, crude oil, and raw materials.
5. Increase your Financial Intelligence, everyone of us should take care of learning how to be an Entrepreneur, an accountant, know about Business Laws in order to be able to read and analyze what is the future preparing for us. Check my recommended books for a kick start.

It is my purpose to further extend all this topics about preparing yourself for retirement and smart ways to achieve wealth and then keep multiplying it in a safer way. Even though the future does not look so bright it is important to understand that it will look bright if you prepare yourself, from my point of view what might happen in the future just represent more opportunities to get wealthy and so it should look for you.

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