WW3 Worst case scenario for funds

With todays scenario in middle east and the new big war in many parts of world looming let’s consider if something bad happens. Then with threat to internet in mind how much secure is our money in online trading accounts or in shares. Coz before internet there were papers trading and physical certificates but what if internet blocked or something bad happen is there any backup plan for Traders.

exchanges will be closed for days/months depend on severity but nothing will happen to money in trading account as the money is kept in current account of banks backed by rbi.

but cant say that to other areas like cryptos, pretty sure owners of those online wallets will run away with it.

rare metals will sky rocket.
oh and with electricity and servers gone so is cryptos. always keep rare physical metals as doomsday backup.

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Adding to @Joe_Maxpayne’s views, We should probably also hope that people will stay alive :smiley: Otherwise all our grand plans and funds wouldn’t matter so much anyway.

Jokes aside, things are definitely heating up on the geopolitical front. The era of interesting times goes on

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It is because of this, you need to take periodic demat statements, print it and file it. No point keeping the statement in email as internet will be doomed in case of ww3. I am sure CDSL or NSDL will have disaster sites across the globe. International Banks maintain disaster sites in different part of the world.

Something similar happened few years ago in Chennai when there was rain/flooding, a colleague like all of us had kept original title deed of property in a locker, the locker was on the ground floor and as it was a big box, the specific locker was on the ground. Continuous rain flooded the branch and water seeped into the locker and everything was pulp when he went to open it.

Although Government department were very helpful, they were saying it would help if he could give some reference number or copy of the title deed to issue duplicate.

The importance of taking important paper copies and filing is important.

Your post made me take my demat copies and place it in a folder. Need to print it out as well at a later date.

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We are living in mordern era
Regarding world war we have United Nations for peace keeping let’s assume the ww3 won’t happen :v: if it does economy gonna collapse we could hardly make any living​:cry: forget stock market

Hi @Vivs_Mishra Everything you see around is fiat money which will become usless when nations fight nations. Gold or as a matter of fact any metal wouldn’t have any value.

What would have value is the skills that you have. Invest more in real world skills. When the doomsday arrives, its gonna be the law of the jungle.

Think primitive to survive. Do modern to thrive.

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So what if internet is blocked. at worst you won’t be to trade/invest. Nothing will happen to your stocks.

It is more likely internet will be blocked due to some unrest in our country rather than possibilities of WW3.

never put 100% in equity
50% equity 30% in FD or DEBT 10% in gold and 10% in Hybrid
EFGH - Equity, Fixed Income , GOLD, Hybrid

Anything can happen anytime

:smile: Nice one.

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a man in a spiderman suit is jumping off a building

NIfty climbed very fast to 26k - final destination is 28k i believe

for this kind of fast - what nifty seen in this country - only tax was increased - simply buying and selling

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Looks like we too need someone like "Doctor Octopus’’ to stop it’s climb.

What would that be ?

Again SGX nifty up 90 POints

RSI have no space to go up

and what do u get paid for your skills?
just a reminder, we are talking about war here, not a zombie apocalypse

That would be irrelevant. You do understand that WW3 will ultimately lead to nukes being deployed right? Wouldn’t that be a zombie apocalypse equivalent?

in movies yes, in reality no. every country knows the consequence of nuke, its not like ww2 where only one country had nuke then used it to end the war, now whoever uses nuke will be bombarded back. even if some suicidal maniac decided to use it, why would survivors and other who unaffected by nuke have to go into jungle and live like caveman? by your logic people in japan should be using stone tools now.

@Joe_Maxpayne You are right. You know more about world leaders than I do. I just posted my opinion, and there are neither any brownie points nor right/wrong answers. Just my opinion and my thought process.

Can I ask you to kindly ignore my comment and not argue about it please?

Your mindset and information could be more polished and better than me but to each his own.

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Tactical nukes are what would be deployed first, in an escalation game. The political consequences would be far more damaging than any real fallout.

However, for the "Zombie apocalypse " type scenario, here’s an interesting read…

https://sonar21.com/an-emp-attack-on-the-u-s-power-grids-and-critical-national-infrastructure/

Today Israel has started war with Iran and Lebenon. I fear we are on the verge of something very bad.