What’s on the list depends on which faction of preparedness you practice, pre-Y2K prepper and Seventh-day Adventist Church pastor Craig Wiles tells me. There are preppers, who anticipate an event like an ice storm or an EMP; there are survivalists, who arm themselves to face an enemy like a tyrannical government; and there are homesteaders, who grow their own food and practice self-sufficiency.
Common preparations include the creation of a clandestine or defensible retreat, haven, or bug out location (BOL) in addition to the stockpiling of non-perishable food, water, water-purification equipment, clothing, seed, firewood, defensive or hunting weapons, ammunition, agricultural equipment, and medical supplies. Some survivalists do not make such extensive preparations, and simply incorporate a "Be Prepared" outlook into their everyday life.
Note: In his wonderful book for individual investors, “Unconventional Success,” Swensen suggests a 70% allocation to stocks with 30% directed to US stocks, 15% to developed foreign stocks, 15% to real estate investment trusts and 10% to emerging foreign stocks. The 30% bonds allocation gets split in half, with one part going into intermediate US Treasury bonds and the other part going into the US Treasury’s inflation protected securities.
When I started putting together my first survival kit, I just collected whatever weird stuff I could find—like tablets that would protect my thyroid from nuclear fallout. My mindset changed when my first daughter was born. I realized I needed a more practical end-of-the-world plan, with equipment that would be useful for things that might actually happen. Nuclear war is probably not in store for 2018, and if it is, I’ll just open a window. I don’t want to live through that.
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