Hey folks, I'm a paranoid investor, and I don't like dabbling in stock or crypto and the like.
Most of my holdings are in real-estate, and I'm considering branching out. What's the deal with gold? Is it worth it? Are there any other "safe" investments like specie?
New to Jow Forums
Buy farm land and rent it out.
Any locations in particular?
bullets. guns and drugs if you're edgy af.
gold and silver are good hedges against hyperinflation, but when your home country's currency goes bust, your country could pass a law making it illegal to own specie. See FDR's law during the Great Depression in the U.S.
While specie is a wonderful investment if you're expecting or protecting against a SHTF scenario, you still need to have a backup if everything goes swell. Most of your net worth should always be invested in cash-flow producing assets like farmland, rental housing, commercial real estate, timberland, or land with pecan trees on it.
non-speculative areas. For example, Non-metro Georgia is mostly non-speculative farmland, timberland, or hunting land. Especially in South Georgia.
Third world farm land and real estate.
Or If I had the capital I would be investing small amounts into start up companies.
Gold bullion, even in fractional form (½ ozt, ¼ ozt. etc.) is a compact means of storing wealth. It's discreet, inconspicuous, and you can hide it within your pocket change. If SHTF, you'll want to have firearms and ammo to protect your property, but when ammo runs out and you need to get more you can trade a 1/10 oz American Gold Eagle (weighing 3.11 grams) with a face value of $5 for a box of ammunition of your choice.
Google "SAS gold sovereigns" and you'll see my point about gold and guns complementing each other pretty well.
Why the fuck would someone trade their ammo for a useless shiny rock you retard?
Buy gold coins or rounds, it's an easy way to store a lot of wealth. Silver is cheaper if you don't have the money for gold
>What's the deal with gold?
It is locked and loaded fren.
You want advice on the other metals?
>Silver "$1" on the 1 ounce coin:
$1 in Jan-1913 has same buying power as $25.72 Nov-2018 (undervalued)
>Palladium "$25" on the 1 ounce coin:
$25 in Jan-1913 has same buying power as $642.95 Nov-2018 (Extremely Overvauled)
>Gold "$50" on the 1 ounce coin:
$50 in Jan-1913 has same buying power as $1,285.91 Nov-2018 (basically locked and loaded)
>Platinum "$100" on the 1 ounce coin:
$100 in Jan-1913 has same buying power as $2,571.82 Nov-2018 (Extremely undervauled)
Given this information it would be wise to do the following:
>Stack Silver
>Hedge with Gold
>Retreat from Palladium
>Stack Platinum
t.christfag
don't expect substantial returns without taking on risk. you have a low risk tolerance so you need to be able to accept low returns.
gold is not an investment, it's a place to store weath. expect it to do little more than track inflation (retain purchasing power). if you're in a low tax bracket then high credit worthy taxable bonds are your best bet as far as liquidity and efficient pricing goes. short term treasuries yield over 2% now. it doesn't sound like you have the risk tolerance for much more than that
Gold is the source of pure power
thanks frens
because it's a universal medium for exchange and everything else has relative value?
Jesus that's terrifying, had no idea that happened
I guess it would be good to have a place to hide it then
Because you don't have to or need to Rambo your way through a weapons merchant, you crypto-nigger. Dollar diplomacy has its uses even if all else goes to shit. That merchant is not gonna trust a cryptocurrency stored on a thumb drive which needs access to a power source to be of any use, let alone a computer to show the quantity of coins in the digital wallet. The post-apocalyptic world would have enough enemies as it is; don't add yourself to the list by shooting up whatever establishments remain where you could conduct business.
What is the advantage of non-speculative farmland? My investments are in residential/commercial areas, I'm unfamiliar with agriculture
Because it has the following understated properties that a cryptocurrency lacks: weight, mass, and density.
well, pecan trees are good if you want to keep profits with relatively little impeding regulation. But farmland like basedbeans, wheat, corn, etc. will require you hiring a farmer, worrying about crop yields etc. Usually farmland is leased out to farmers, meaning you keep lease checks but not the farmer's profits. I'm more familiar with pecan trees and that is why i prefer them over renting out my land for other people to use it.
You plant a pecan tree, let it grow for some years, then it produces a nice harvest. Pecans are hella expensive too. You can do it on your own land, hire some mexicans to come and do the harvesting under the table, and you just made a profit and avoided employment taxes. Pecan trees are comfy passive income if you have the money for a shaker, some land, and some trees.
I meant to type S./oybeans
Interesting. I'll look into it, thanks pal
no problem!
>land with pecan trees
Give me a QRD on the pecanpill
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Bogs hate him! Find out how he got Jeff Bezos to suck his balls off the back of his pecan tree fortune!
Gold? Who told you I had gold?
The only real way to store PMs