Jim Sinclair's List http://www.jsmineset.com/ Any to add? Does this translate and apply in Australia?
Check...nor any MP3's or LP's either P.S. Living on a 'farm' and owning a 'high MPG car' are mutually exclusive in most countries. A gravel road (even one just to the farm gate) would destroy a prius in short order, and leave you stranded on the wrong side of a flooded creek. "If it's flooded, floor it!"
You sell/give away all your earthly belongings and reject all mammon. e.g. http://livingwithoutmoney.org/* * Dying could be easier.
I'm guessing he means as a hedge including as a hedge against capital controls and changes in relative exchange rates.
How can you be "out of the system" if you need fuel? (generator, high mileage car) Good list though, that I failed to meet miserably, thanks JulieW for posting (as always!).
scary when you do your score. I'm about 5 / 12, but some are obviously worth more weight than others. At least it's a list to start with. Now the next thing to worry about is how much time it will take to disengage the other 7.
About the same, here. Tho like black sheep said I think you need to be dead to be out of the system, even then your not, tax your funeral, and records of you existence will stick around for many a year.
Whilst I think the idea of the list has merit, as a city dweller the importance for me will need to include a set of rules other than isolation. I added Holdfasts idea of being multi-skilled as being important especially living in the city. You are "out of the system" if: 1. Your equities are held in certificate form. 2. You have no Government Superannuation retirement fund. 3. You have no CDs and investments in bonds. 4. You have modest money deposited among selected BRICs countries. 5. You store your own precious metals. 6. You have no mortgage obligations. 7. You keep cash on hand for 6 months expenses. 8. You have no consumer debt at all. 9. You have a small hobby farm for protein and veggies outside of where you are living with no mortgage debt, set up green. 10. You have a gas, diesel or electric car with high fuel mileage for the farm. 11. You have a generator with large fuel capacity for the farm. 12. You do not live in a major metropolitan area. 13. Multi skilled - meaning...you can build, fix or repair just about anything 14. You can survive without government handouts including pensions. 15. You are actively involved within your local community. 16. You have a network of good friends close by. 17. A system to grow your own food. 18. Opportunities to trade or barter. 19. You are similar to DanDee. :lol: I read through the Alpha Strategy book the other day and it gave me a few ideas on what I need to do to be better prepared. Its true, we are mostly "Rootbound" similar to a plant that has outgrown a small pot. It can't develop to reach its full potential until its been replanted. Government regulations and interference does exactly the same thing as what rootbound is to a plant. It stifles our creativity and tries to prevent us from maximising our resources in an efficient manner. These sweeping regulations that are taking place IMO are only the tip of the iceberg. The more they can control, the more they will take. Had to throw in No 19. after seeing his go get em Gold escapades and his Bush Retreat. Cheers Markcoinoz
Thanks Markcoinoz - excellent additions indeed. I'm rethinking 12. You do not live in a major metropolitan area. I think the list refers to USA and Australia 'is' different. 'Stick makem bangs' for instance. I think the second or third floor of a blue chip apartment block in the city might be more secure than a Clockwork Orange type hobby farm on the outskirts - at least for the next decade or so - as long as you don't pay rent and have a deep larder.
How does being actively involved in your local community equate to being "out of the system"? The majority of people I know that are actively involved in the local community are very much a part of the system - business people involved in Rotary or Lions or the chai swilling set at the markets on a Saturday involved in the local Arts Council. I don't get how being involved keeps you out of it?
Maybe its the contacts & the availabilty of items /goods/services through those people should the need arise & not being so reliant on the matrix for such things
Hi Shiney, I am not talking about government or local council implimented strategies. SS group Meets is just one that comes to mind. Being involved in food Co-ops is another. I teach a trade to mature age students at a local community centre one night a week. As well, I have other involvement in Co-Ops and various groups including both my sons activities. As an example, we used to homeschool our youngest son simply because we were not happy with the education system and he was starting to fall behind. We made the decision to pull him out of school and homeschool him for a year. It made a big difference. As well, we got to meet other likeminded parents on a regular basis and exchange ideas and friendships. Point being. Networking especially in your local community gives you more choices when things get really difficult. Barter being one. If you need help with something, you at least have a network to lean on. As well, you can help others. Its upto you. Being isolated from people especially in a city is one sure way to be targeted. Being a good neighbour and watching out for their welfare as well as your own IMO is an investment. Cheers markcoinoz