Setting up a recovery disc on a hard drive partition

I would like to set up a recovery disc on a partition of my hard drive. I've already made the partition.

1. Is this something I should do? Or should I just go buy a USB drive?

2. If so, how?

Define recovery you want are you creating images and putting them on there is so with what?

Samuria said:

Define recovery you want are you creating images and putting them on there is so with what?

I meant exactly what I said. I want to do this but on a partition of my hard drive. How?

@tollbooth,

Your hard drive physically fails. Where is your recovery drive? On the failed hard drive. Now what are you going to do?