Who was it that said "when others are fearful...." that all you can eat Buffet guy.
That being said, in 07/08 I was fearful and if I was smart, I would have invested more. Properties in SoCal tanked and now mine is going up 15% just last year alone. My house in Ohio is up %7 at least in a short 2 years.
There will always be a correction, and then a rebound. Whoever said Cash is King was right. Dave Ramsey style. You better have cash available.
While guns typically sell better during election years and political fear periods, they are a good asset to be able to liquidate quickly. Guns always go up in value and can be used forever.
Toys, like LEGOs, also go up, exponentially more than guns in some cases (which is why I am on this board), but when a crisis hits where NOBODY wants to spend money as in 08, I wonder if people will splurge on blocks of plastic. I don't think so. When the fear of layoff or government shutdown is around every corner, the smart one will save his money. Remember when Starbucks closed thousands of locations? All those $5 coffees quickly became a perk, not a need.
Now, with LEGOs and coffee, its a need. We can live life well. But as with 9/11 or any random day in the future, it can all change quickly. So where do you put your assets and time?
Food? Guns? Survival? Fun? Education? Investments (LEGO)? All are preparing for a different view of tomorrow.
For me, LEGO is used to spend good time with my kids, so its less of an investment than it is fun for today. I can buy a lot of LEGOs because I already have the other areas covered. And my wife said "you already have ENOUGH guns" but hasn't said that about LEGOs yet
That being said, I am still investing, still putting into the ROTH IRA and scheming and plotting a financial well being for the future. Cash under the mattress is losing its value at what, 4%+ a year?