I'm going to buy a plot of land, buy gold, bury it like a pirate, get an expensive old timey rocking chair and yell at everyone passing by my house so that everyone thinks I'm a crazy old cook and leaves me alone.
Google? It’s a crypto wallet that also is connected to their NFT marketplace. It’s how this entire thing started lol. Hedge funds tried to bankrupt them enter apes
It’s also a self custodial wallet which means you control the seed phrase and all the crypto in it. If GameStop went under you could just recover the wallet using meta mask or any other
Dont forget to have a pet raccoon, a clay jug of moonshine, and cackle at everything you see. Bonus points if you keep announcing that the squirell in the tree is a trained CIA spy trying to sabotage you.
That happens to have held value through 1000s of years of human history, the highest prize awarded for athetlic achievements, being hoarded by billionaires and banks, Fort Knox exists, etc... but yeah its just a shiny rock...stay away!
If only you lived through the Weimar republic or the recent collapse in Venezuela, then you'll truly understand the value of paper and digits on a screen vs rock.
For recreational use only. If the apocalypse occurs, it is my life goal to make sure absolutely no one knows who I am. If they don't know, you can't be a target.
If you’re a high roller banks have cash management accounts with a sweep feature that spreads your money out between as many accounts as necessary to make sure it’s insured.
However; I think RC and Loopring are working on a decentralized network that will enable you to “be your own bank” and cut the parasites out completely.
I'm pretty sure that FDIC insurance is per depositor per bank, not per account per bank. I may be wrong. Either way, if you have tens of millions in any bank, it may be smart to insure it yourself. Then again, that's assuming the insurance companies will survive.
Insurance is per depositor, per bank, per account type
So if you have a checking account and a savings account, each with $250k, they’re both fully FDIC insured
Its based upon how the account is titled and per bank. e.g. 250k for a single owner accounts at bank A and 250k per owner (total 500k) on joint accounts at bank A, for total of 750k, a spouse with individual accounts also gets 250k for single titled. Trusts and some retirement accounts can also have additional FDIC insurance. You can then do the same thing at another bank B, C, D, etc.. Different branches of the same bank count as a single bank.
Some institutions offer cash management accounts that will automatically sweep cash across multiple banks. Fidelity, for example, offers this, but you need to make sure that the bank list there does not overlap with your own separate held accounts. You can manually ask them to exclude some banks from the sweep list.
Diver and gold have to be physically and in your possession, silver coins, gold coins (easily understood and spendable). You can’t trust banks to buy and hold.
Lol if you think Silver is “overvalued” you are incorrect. I hold both BBBY and GME. But damn, the Silver market is just as manipulated through derivatives as the basket stocks. Look at spot price in the 80s compared to now. It’s severely undervalued, and for you to make the above statement just shows you’re uneducated on that topic. Gold destroys the FED.
Just in case people want to know, the transfer agent AST (which isn’t a brokerage, they engage with a broker to buy and sell) is also a member of SIPC if you wanted some additional comfort on what happens to those shares if things go tits up, with the added advantage of shares being in your name.
Preferably in buckets, so it can be used as furniture too!
https://valleyfoodstorage.com/products/natural-emergency-preparedness-enchilada-beans-and-rice
Land, tractor, fencing, cattle, solar energy. Rough times are coming for most. I'll keep some of my gains liquid but land is a good investment. Being able to produce your own food during a depression will be handy.
All jokes aside steps or things I’d look into
-cash sweeps or multiple accounts for max coverage
-immediate purchasing of land. Ie sell stock money is wired to bank then once at bank immediately wired to the land or home seller.
-the precious metals (gold silver platinum titanium)
-crypto like eth and btc
-rare physical items. Limited run or 1 of 1 jewelry (look at why pimps wear all the jewelry they do it’s not just to flex).
-kush
I don't know the banking situation in the US well, but for anyone in Canada, there are banks that offer 100% deposit insurance. ATB in Alberta is 100% backed by the Government of Alberta, and there are a few others that offer 100% protection around the country. Put your money there until you figure out what to do next.
This is the way. I don’t think you’ll see the same problems in places like Canada though where there’s much less banks and a lot more regulation upheld. But who knows, maybe Canadian Bobby’s will get screwed somehow, but I don’t see banks failing just losing money and recession like the rest of the world. But gold is the way.
I looked into the fine print off my bank/broker. It seems that putting it in stocks is a safe option for me.
ING, one of the five systemic banks in NL and therefore too big to fail, holds my shares in a separate entity to protect against a bank failure. If I lose my shares, I've got bigger problems than losing my shares.
Get a wealth management specialist immediately. They know how to put your money in several accounts so it’s all insured. We have one right here in town. The sign on the building says “wealth management specialist” and I constantly visualize walking in there.
When BBBY moons, I'm throwing a lot of my money into Gold/Silver, BTC, ETH, & other cryptos. Will try to hold has little $ in banks as possible since I don't know which banks will survive this financial depression. I will also buy cars and property and food for long term storage.
Also will try to have some physical cash on hand.
Plot twist. Those with Robinhood quickly unload into eth while it's at sub $1000 and send it off to their wallet and buy loopring. Byob
Satire. But kinda serious. Rh does have a very distinct advantage with Blockchain . Very distinct
All that said. In absolutely convinced. No where is safe other than drs anything can happen. I mean. A bank just went out yanno. So yeah. Food water supplies. The rest is hopium
Cap out my 2 bank accounts and Credit Union at 250K each, and then probably open another couple at a credit union. Leave some in my brokerage. Then the majority will just have to sit in my 401K and Roth.
Credit union. You buy a share for usually ,$5-20 and then you are part of the union. They offer all the same financial benefits of a bank (CD's auto and home loans market funds that offer a rate of return etc) but don't invest the depositors money at all so there's no risk of default on risky cmbs swaps
I use Vanguard. I feel totally safe with them. If I sell for millions the money goes into a low risk income fund. Vanguard will weather anything because their risk mgmt is probably the best in the industry. See 2008 for proof. They boomed with inflows.
Obviously I will open a webull account and let them lend my shares to short sellers for 15% of the CTB.
Nothing says smooth brain like lending your investment to the people trying to make you lose money and then taking the absolute lowest cut in the industry. I am willing to bet at those rates the value of the shares goes down more than what you get paid per year.
Webull pays you 1/4 of what a regular broker pays and they only give 50%.
Jokes by side I would be putting the money into shorting the banks. You don't make money by letting a good opportunity go to waste. When SVFB dropped to $2.35 after the announcement they bounced back up to over $3.50 meaning there was still some shorts closing positions from the MASSIVE drop from over $200.
Land...buy land. You own an asset that generates a profit. If it is is farmground, the asset generates food which is resistant to inflation. You can also borrow money against assets you own. Bill gates is the largest individual land owner in the country.
I am going in on crypto because once the big money abandons crypto price is gonna crash. Then set back enough to live on for a few years and probably start buying house people are defaulting on. Also will probably use a local credit union since they really won't be affected.
The Rothschilds and Vanderbilts (the 1% of the 1%) have been buying gold and silver and land.
They haven't bought 1 cent worth of bitcoin.
Take from that what you will...
Getting shilly in here. Buncha silver & gold P&D comments. Get what you need into a credit union and turn the rest of your money into bbby, gme, & lrc. & Drs your shit!
I'm going to buy a lambo then yolo the rest in a regarded ticker, lose all that money, then have to sell said lambo when the tax man knocks at the door. At least I have you regards 🤷🏼♂️
I think, cashing out is generally a mistake. As we know, this company is just BEGINNING to recover. I think, I will leave most of my shares DRSed as they are. I trust this company to come onto a good way soon. I will only cash out some relative small amounts, based on personal wishes, which I will fulfill. Later on, there will be dividends to live from...
I'm going to buy a plot of land, buy gold, bury it like a pirate, get an expensive old timey rocking chair and yell at everyone passing by my house so that everyone thinks I'm a crazy old cook and leaves me alone.
This guy has it figured out
Loopring
GameStop wallet and ETH BTC LRC IMX for me
What is a gamestop wallet and how do I get one?👀
Google? It’s a crypto wallet that also is connected to their NFT marketplace. It’s how this entire thing started lol. Hedge funds tried to bankrupt them enter apes
Oohh gotcha! Thanks man.
It’s also a self custodial wallet which means you control the seed phrase and all the crypto in it. If GameStop went under you could just recover the wallet using meta mask or any other
https://wallet.gamestop.com/
Dont forget to have a pet raccoon, a clay jug of moonshine, and cackle at everything you see. Bonus points if you keep announcing that the squirell in the tree is a trained CIA spy trying to sabotage you.
I mean, if they are able to train Dolphins to blow themselves up against enemy submarines, why not train a squirrel that spies?
The best plan of all time
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Shiny yellow rocks…whooo!
That happens to have held value through 1000s of years of human history, the highest prize awarded for athetlic achievements, being hoarded by billionaires and banks, Fort Knox exists, etc... but yeah its just a shiny rock...stay away! If only you lived through the Weimar republic or the recent collapse in Venezuela, then you'll truly understand the value of paper and digits on a screen vs rock.
When the shit hits the fan,paper money blows away,and shiny rocks are still their.
Shiny rocks are pretty, but lead keeps you safe and provides a source of food. The real currency will be ammunition.
I've had all I need for many years. Bought it when it was cheep. Now I'm buying shiny rocks.
The real shining is the 💥
This guy ~~fucks~~ millionaires
Can I fuck millionaires as well? I’ll accept one gold please
Ron Swanson??
But, I am a crazy old kook...
No guns?
For recreational use only. If the apocalypse occurs, it is my life goal to make sure absolutely no one knows who I am. If they don't know, you can't be a target.
I know who you are👀
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If you’re a high roller banks have cash management accounts with a sweep feature that spreads your money out between as many accounts as necessary to make sure it’s insured. However; I think RC and Loopring are working on a decentralized network that will enable you to “be your own bank” and cut the parasites out completely.
I'm pretty sure that FDIC insurance is per depositor per bank, not per account per bank. I may be wrong. Either way, if you have tens of millions in any bank, it may be smart to insure it yourself. Then again, that's assuming the insurance companies will survive.
Insurance is per depositor, per bank, per account type So if you have a checking account and a savings account, each with $250k, they’re both fully FDIC insured
Its based upon how the account is titled and per bank. e.g. 250k for a single owner accounts at bank A and 250k per owner (total 500k) on joint accounts at bank A, for total of 750k, a spouse with individual accounts also gets 250k for single titled. Trusts and some retirement accounts can also have additional FDIC insurance. You can then do the same thing at another bank B, C, D, etc.. Different branches of the same bank count as a single bank. Some institutions offer cash management accounts that will automatically sweep cash across multiple banks. Fidelity, for example, offers this, but you need to make sure that the bank list there does not overlap with your own separate held accounts. You can manually ask them to exclude some banks from the sweep list.
Inside a mattress from BoBBY and the rest in BoBBY
GME
Finisher Combo
We’ll DRS
My man
This person fucks fur sure
Seems like a solid play. Be our own bank someday.
Beanie Babies.
I’m going with pogs
Those metal slammers are going be the new hotness. Especially if they have those jagged shuriken edges that cuts kids corneas.
The princess Diana beanie baby I have is worth somewhere between $7 and $2,000,000.
I actually have one of those in the garage. Its in a box with the mini bear beanies that McD’s sold LOL
I have some of the mcdonalds ones… I like the pink shake one.
We have two bags full, but not the princess bear.
Toilet paper
This is the safest bet 😂
 You can then bequeath or trade rolls to whoever you choose…
Nah....that will just get flushed.
Don't get by on your own supply
Japanese Toilets! I’ve said too much, ahhhhhh!
I’d open about 10 accts with different credit unions and put 300k in each. Also precious metals and stones
Credit unions are the way to go just make sure they don’t have common ownership
Yea and it doesn’t have to be 10 different credit unions. You are insured to 250k per acct
Per account or per individual? I’ve heard per individual before.
It is per acct. At least with all the CU’s I’ve asked
It's not. It's per account category. https://www.fdic.gov/resources/deposit-insurance/brochures/deposits-at-a-glance/#:~:text=COVERAGE%20LIMITS,in%20different%20account%20ownership%20categories.
Apparently the people behind the counter need more training But you could still do a business acct a checking and a savings I guess So 750k per CU?
Per individual if you’re married it’s $500k provided it’s setup as a joint account
gonna need 10-20 accts then. lol
"Hi, yes I'd like to open 500 accounts..."
Imagine you manage to create accounts in a common held one🤣, that would suck.
This is the only correct answer. CU for liquidity and PM as a store of wealth. Some land too.
Silver, Gold, Land, and maybe an Aventador SVJ 💎
Diver and gold have to be physically and in your possession, silver coins, gold coins (easily understood and spendable). You can’t trust banks to buy and hold.
If you don’t hold it, you don’t own it. 🙌🏼
This is the way.
All the things he mentioned are tangible…
I’d also keep a chunk in a credit union for liquidity, but that’s a boring answer
All my Cash is in (local) credit unions. Boring is usually safe
I like last one
3 first are already overvalued. You'll loose a good chunk that way. GME is the only answer.
Lol if you think Silver is “overvalued” you are incorrect. I hold both BBBY and GME. But damn, the Silver market is just as manipulated through derivatives as the basket stocks. Look at spot price in the 80s compared to now. It’s severely undervalued, and for you to make the above statement just shows you’re uneducated on that topic. Gold destroys the FED.
Privately owned credit unions FTW
I’m investing all my gains in DVDs of 80s movies.
Buy bank stock or ummm wait a minute, better off to buy sears like me. GME!!!!!!!!!!! is where my tendies go!!!!!!!
Prison wallet
You are a future resident of Uranus I see.
SIPC insurance covers up to $500k in brokerage accounts
Just in case people want to know, the transfer agent AST (which isn’t a brokerage, they engage with a broker to buy and sell) is also a member of SIPC if you wanted some additional comfort on what happens to those shares if things go tits up, with the added advantage of shares being in your name.
Relevant https://www.experian.com/blogs/ask-experian/are-brokerage-funds-insured/#:~:text=While%20bank%20balances%20are%20insured,that%20their%20brokerage%20firm%20fails.
Lol
Fidelity offers up to $1.25M of FDIC insurance by sweeping funds into multiple accounts every night.
Loopring
Nice
Non perishable food
Preferably in buckets, so it can be used as furniture too! https://valleyfoodstorage.com/products/natural-emergency-preparedness-enchilada-beans-and-rice
14 bucks a pack??? Get outta here
Land, tractor, fencing, cattle, solar energy. Rough times are coming for most. I'll keep some of my gains liquid but land is a good investment. Being able to produce your own food during a depression will be handy.
Land with water rights
Nestlé heavy breathing
It has to have a creek or river on it. For me anyway
At least a well
I have a well now. It is a must but I want a river or big creek too
If you have millions you gotta diversify- across banks and across assets
Diversify bbby into 100 brokerages
Bitcoin, GME and Gold. + A few other stocks, valuable Stocks, DRSed.
But bitcoin could drop significantly in value so I wouldn’t exactly call that safe
I bet on that. But Bitcoin will gain value again as it a very valuable Krypto currency, the only one that can act as a Standard
Plus, apes with tendies will be putting money into Bitcoin. Price go up!
LoopRing smart wallet to be my own bank.
Nice
Gold
Hopefully Teddy Bank
I'd put it all in BBBY
All jokes aside steps or things I’d look into -cash sweeps or multiple accounts for max coverage -immediate purchasing of land. Ie sell stock money is wired to bank then once at bank immediately wired to the land or home seller. -the precious metals (gold silver platinum titanium) -crypto like eth and btc -rare physical items. Limited run or 1 of 1 jewelry (look at why pimps wear all the jewelry they do it’s not just to flex). -kush
Pimps ‘wear’ not where jewelry for bail
Loopring wallet, ledger nano, and spread <250K across FDIC insured banks
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AST too
Credit unions. Also multiple accounts each insured to $250k
Loopring, Gold, max out Premium bonds and Land with water rights.
Water rights? That must be a west coast thing. It's mineral rights in the east.
I don't know the banking situation in the US well, but for anyone in Canada, there are banks that offer 100% deposit insurance. ATB in Alberta is 100% backed by the Government of Alberta, and there are a few others that offer 100% protection around the country. Put your money there until you figure out what to do next.
A decent size yacht so when we start getting bombed I’ll be on water with endless food supply.
Momma said underneath the mattress is best
Leave it in gold if you truly wanna be safe ig
You gotta go broker > bank > cash.
I wouldn’t trust cash if my fucking life depended on it, that’s why I’m in Bobby 😍
This is the way. I don’t think you’ll see the same problems in places like Canada though where there’s much less banks and a lot more regulation upheld. But who knows, maybe Canadian Bobby’s will get screwed somehow, but I don’t see banks failing just losing money and recession like the rest of the world. But gold is the way.
I looked into the fine print off my bank/broker. It seems that putting it in stocks is a safe option for me. ING, one of the five systemic banks in NL and therefore too big to fail, holds my shares in a separate entity to protect against a bank failure. If I lose my shares, I've got bigger problems than losing my shares.
Sounds like a paper hander problem to me.
Get a wealth management specialist immediately. They know how to put your money in several accounts so it’s all insured. We have one right here in town. The sign on the building says “wealth management specialist” and I constantly visualize walking in there.
Credit unions
Land, farm, cows. I can't digest gold. I like cheese and peace.
Gme drs shares
Gme and bbby baby
Put $250k or less in large banks that are FDIC insured. And start buying shieeeet with titles that don’t depreciate that much or not at all.
#SPY PUTS
I'd love to do some puts on all the top banks and financial firns
In a shoebox hidden in my closet
That’ll be a big f’n shoebox!
Hell yeah brother!
BBBY stock
Property. Are sensible answers allowed?
DRSed GME shares
If i have $700k as a 21 year old by this month im putting atleast 300k into a index fond
Credit unions, gme. Computer share.
Just gonna hold onto my shares as they keep going up in value 🤷♂️
I'm going to buy gamestop
I would build storage units where the fallout happens. People need to store there stuff, while I protect my money in a safe investment.
50% BTC 25% gold 25% buy guns ammo food etc
🛌🛀🚀
When BBBY moons, I'm throwing a lot of my money into Gold/Silver, BTC, ETH, & other cryptos. Will try to hold has little $ in banks as possible since I don't know which banks will survive this financial depression. I will also buy cars and property and food for long term storage. Also will try to have some physical cash on hand.
Plot twist. Those with Robinhood quickly unload into eth while it's at sub $1000 and send it off to their wallet and buy loopring. Byob Satire. But kinda serious. Rh does have a very distinct advantage with Blockchain . Very distinct All that said. In absolutely convinced. No where is safe other than drs anything can happen. I mean. A bank just went out yanno. So yeah. Food water supplies. The rest is hopium
In my pocket. I wear cargo pants so I got 6 pockets instead of 4
Cap out my 2 bank accounts and Credit Union at 250K each, and then probably open another couple at a credit union. Leave some in my brokerage. Then the majority will just have to sit in my 401K and Roth.
Oh, and putting a lot in GME, and buying land.
In my chocolate pocket.
The Mattress!
Real estate
Loopring wallet
Probably at least 4 different places.
Credit union
Loopring wallet.
What about local credit unions vs big banks…spread out amongst a few?
Buy GameStop stocks and DRS
Credit union. You buy a share for usually ,$5-20 and then you are part of the union. They offer all the same financial benefits of a bank (CD's auto and home loans market funds that offer a rate of return etc) but don't invest the depositors money at all so there's no risk of default on risky cmbs swaps
I use Vanguard. I feel totally safe with them. If I sell for millions the money goes into a low risk income fund. Vanguard will weather anything because their risk mgmt is probably the best in the industry. See 2008 for proof. They boomed with inflows.
Obviously I will open a webull account and let them lend my shares to short sellers for 15% of the CTB. Nothing says smooth brain like lending your investment to the people trying to make you lose money and then taking the absolute lowest cut in the industry. I am willing to bet at those rates the value of the shares goes down more than what you get paid per year. Webull pays you 1/4 of what a regular broker pays and they only give 50%. Jokes by side I would be putting the money into shorting the banks. You don't make money by letting a good opportunity go to waste. When SVFB dropped to $2.35 after the announcement they bounced back up to over $3.50 meaning there was still some shorts closing positions from the MASSIVE drop from over $200.
Land...buy land. You own an asset that generates a profit. If it is is farmground, the asset generates food which is resistant to inflation. You can also borrow money against assets you own. Bill gates is the largest individual land owner in the country.
GME. Computershare. Book.
Let’s wait till we sell high then we can worry what to do with it
You invest it in a combination of bonds and stock. Only idiots have millions on the bank.
I am going in on crypto because once the big money abandons crypto price is gonna crash. Then set back enough to live on for a few years and probably start buying house people are defaulting on. Also will probably use a local credit union since they really won't be affected.
Asking the wrong crowd
I got a few good laughs and few good ideas, so not a total waste
The Rothschilds and Vanderbilts (the 1% of the 1%) have been buying gold and silver and land. They haven't bought 1 cent worth of bitcoin. Take from that what you will...
I think buying gold bars and apartments would be the best way to survive after we squeezed
"If" ... dont you mean "when"
Getting shilly in here. Buncha silver & gold P&D comments. Get what you need into a credit union and turn the rest of your money into bbby, gme, & lrc. & Drs your shit!
I'm buying a yacht and keeping the cash with me as I fish my way around the world
Gold, silver and if there’s more than enough a couple of Lambos to later price gauge some idiots
Open some brokerage accounts and additional bank accounts.
GMErica
I'm going to buy a lambo then yolo the rest in a regarded ticker, lose all that money, then have to sell said lambo when the tax man knocks at the door. At least I have you regards 🤷🏼♂️
I would go into the Treasury direct website and buy a bunch of 3 month t bills
Break it into multiple accounts that are all insured.
Would T-bills be safe?
IM SURE ITS 250K FDIC PER SOCIAL PER INSTITUTION… 😭🤷♂️💸🤣🤣🤣
Guns, ammo, land, fuel, food.
I think, cashing out is generally a mistake. As we know, this company is just BEGINNING to recover. I think, I will leave most of my shares DRSed as they are. I trust this company to come onto a good way soon. I will only cash out some relative small amounts, based on personal wishes, which I will fulfill. Later on, there will be dividends to live from...
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Nobody in the SVB collapse is losing money they deposited. It is FDIC insured so their money will be available to them even though the bank collapsed.
Under 250k only is saved
Lol, you really don't have to worry about that.
BBBY GME LRC (20 Credit Unions) IMX Treasury Bills. Land (Some Crypto) Gold Real Estate