by arocoun » Sun 17 Oct 2004, 00:03:45
I may be alone in this, but I say repay your depts, and with remaining money, teach yourself some survival skill (skills, like farming, wilderness survival, blacksmithing, herding, etc. that will be helpful post peak), and get any property (land, guns, tools, house, etc.) you will need. If you focus on the stock market or non-personal investments, instead of dept-repayment and personal empowerment, you cannot be sure that you or those who may depend on you will be self-sufficient or safe. Besides, when mass transportation and the creation of alternative powers (like solar) becomes expensive and impractical, you can't be sure that your investments (whether you own the actual metal, or just the papers saying you own it) will retain their profitability.
And 13 years from now, your retirement fund may not be worth very much at all (inflation and such), assuming that the place you invested it in doesn't just plain go bankrupt, bringing its value to nothing. I say, withdraw it and put it to good use as soon as you got a plan for what to do with it.
Of course, all my advice here is contravercial, so don't just blindly follow my advice, or anyone's for that matter. You have your own personal situation with your own personal details, and only you can make the correct choices.