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Wednesday, 8 June 2011

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I am reading Dave Voda's book How to Protect Your Money from the Coming Government Hyperinflation on the Kindle. The book is a must if you are worried about high inflation as it gives what seems like good strategies of how and where to invest your money in the coming years to hedge against inflation.

Voda points out that the government talks a good game of "hope" that things will turn out alright but he states "a hope is not a plan. So while our politicians have adopted a policy of 'hoping' everything will turn out okay, it would be prudent for the average citizen to plan what to do in case it does not."

Some highlights include how to buy silver (he doesn't seem as big a fan of gold), the warning signs of an imminent currency collapse, tangibles to keep at home and the reason your IRA may not be safe. Scary stuff. But I guess it's better to be prepared than be caught by surprise.

I just hope the plan I put in action is the right one. The book seems helpful and for $2.99 on the Kindle is definitely worth it.

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