People have been talking about collapses throughout the centuries. And every time there has been a major collapse, in our history, we've gotten ourselves out of it. I honestly doubt there will be such a major collapse that we will need to store large amounts of food, water, and other supplies. Maybe a little, but no need to create a bug-out shelter and wait for doom.

The Shift in Money

One thing that occurs during a collapse is the adjustment of money and where it goes. Billionaires and Millionaires are created during these times. Which is why you should be saving what you can in case there is a collapse. Be ready to invest when the stocks or crypto goes down.

The price of goods and services will be much cheaper during that time. Maybe buy a house or a boat. No need to go out a spend your money right now. The people selling you those wacky products will do the smart move and save the money you just gave them.

When Opportunity Knocks, You Need to Answer the Phone Or Take Action

Imagine if you had the opportunity to go back in time and put down a large some of money on March 06, 2009 when the Dow was at 6626 and when everyone was panicking. Some people did. I think it would be a safe bet, that those smart investors, who saw that opportunity to take action, took advantage of it. I am sure they are doing very well for themselves right now.

Here is a little side story I would like to tell you.

I have a family member who took action regarding something he heard developing in Real Estate. He made some calls and nothing really developed. Long story short, he got a call and spoke to a guy that needed help flipping a property. He took action and now, five years later, he has a good business flipping houses.

If he had not taken that opportunity to pick up the phone, he probably would not have his business today. History is filled with examples of people accepting issues during a collapse and taking advantage of it.