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What is your LEVEL of Protection?

Posted: Thu Jul 18, 2013 6:15 pm
by frugal
Hi,

What is your LEVEL of Protection?

Following the PP book I am on level 1 :-\

The reason might not be good, but it is more simple.

- I would like to have courage to have physical gold and probably

- Gold in another country I don't think I like it

- I will diversify in more brokers.

- Bonds in Europe is difficult to have directly from Germany.

- Cash in our banks here is dangerous, but if banks have big problems, brokers will do the same, I am on troubles !



Rgds

Re: What is your LEVEL of Protection?

Posted: Thu Jul 18, 2013 10:00 pm
by Ad Orientem
Level II
Gold is my SHTF insurance. I am comfortable with ETFs for everything else.

Re: What is your LEVEL of Protection?

Posted: Thu Jul 18, 2013 10:20 pm
by Bean
Ad Orientem wrote: Level II
Gold is my SHTF insurance. I am comfortable with ETFs for everything else.
^This w/ IBonds and TBills held at Treasury Direct