http://market-ticker.org/akcs-www?post=187887
I kept bullet points only. Highly recommend you read the whole thing. Also I believe he has some sort of "free weekend" going now which will give you a taste of what his paid subscribers get. I haven't sampled this yet myself but would like to.... -F
Ten Things Update: 2011
If you haven't read my previous "Ten Things" Ticker, do so.
If you think that Bernanke, Obama and the rest have "fixed" the economy or the banking system, stop reading now and check into the nearest mental institution for evaluation....
So with that and the "Ten Things" Ticker as a backdrop, let's update it.
You should be out of any floating-rate debt, and to the extent possible, be out of fixed-rate debt.
You should have been saving 10% of your gross income and have two years of this available to you; ... {6 months' living expenses} Anything in "investments" does not count; these must be liquid assets - that is, cash. Now...
GET AWAY FROM THE TBTF INSTITUTIONS!
If you have re-entered the stock market and made money, determine where your exit points are and be damn sure you're comfortable with the risk.
Be prepared to "shelter in place" or "bug out" as appropriate. "Wilding" events have already happened in some major cities. This is likely to spread if there is a "fiscal" or "monetary" accident and the "FSA" (free **** army) funds get cut off. These events could spread very quickly...
You already have the lawful means of self-defense, right?
Once again look at who your friends are - and aren't.
Remember the first rules from Zombieland. No, not "double tap." Cardio. If you're a couch potato you need to fix this right now.
Wanna be short in the market right now? Ok. But just remember my "golden rule" when it comes to these things: You cannot win a bet on the end of the world.
Do not count on entitlements of any sort.
I have come to realize that men are not born to be free. Liberty is a need felt by a small class of people whom nature has endowed with nobler minds than the mass of men. -Napoleon
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