Look into "normalcy bias", it prevents people from taking steps or actions to survive in unexpected circumstances.
I am not worried about "some of these end of the world scenarios". I see what is happening in the present world financial environment and taken steps to protect my wealth from what the possible outcome may bring. Someone referred to it as insurance which is a perfect description.
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As someone who has lost everything in a major hurricane, I buy flood insurance even though it is not required where for my current residence. Does that mean I am worried about being flooded out?
My investment in gold, and flood insurance, has resulted in the opposite of worry, I rest easier because of them.
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Posted by: macromny@lycos.com
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Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.
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