Author Topic: Long Term Investment  (Read 538 times)

alfsauve

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Long Term Investment
« on: June 23, 2024, 11:29:04 AM »
Gold as a long term, SHTF, investment comes up in a number of threads, so rather than seek those out individually.....

This is from today's ChartR.  Admittedly the respondents probably weren't thinking of EOTWAWKI, but I think it's applicable as well.  My feeling about a societal collapse is that with all financial investments being worthless, you can only store so many emergency rations, but land would be the long term savior to use for agriculture.   
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Big Frank

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Re: Long Term Investment
« Reply #1 on: June 24, 2024, 02:23:39 PM »
If you own a big chunk of land you can live on and defend against marauders during TEOTWAWKI, that would be great. If you have other pieces of land you can sell too, that would be even better. But gold coins are easier to stick in your pocket and take with you. ;) Ideally, you would have enough asets to diversify your investments. Some land, some precious metals, and something else too, like stocks.

P.S. I have a few savings bonds that I'm going to sel some day. I already sold some several years ago. I think they're all series EE and you need to keep them 20 years before cashing them in to get full face value. I think I read that other ones need to be held 30 years to get the full value. I don't plan on being around in 30 years. In the words of Kimberly "Sweet Brown" Wilkins, Ain't Nobody Got Time for That.
""It may be laid down as a primary position, and the basis of our system, that every Citizen who enjoys the protection of a free Government, owes not only a proportion of his property, but even his personal services to the defence of it, and consequently that the Citizens of America (with a few legal and official exceptions) from 18 to 50 Years of Age should be borne on the Militia Rolls, provided with uniform Arms, and so far accustomed to the use of them, that the Total strength of the Country might be called forth at a Short Notice on any very interesting Emergency." - George Washington. Letter to Alexander Hamilton, Friday, May 02, 1783

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TAB

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Re: Long Term Investment
« Reply #2 on: June 24, 2024, 09:05:39 PM »
I have 174 acres in Wyoming  I will be building a house on next year.
I always break all the clay pigeons,  some times its even with lead.

Big Frank

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Re: Long Term Investment
« Reply #3 on: June 24, 2024, 11:33:10 PM »
... where the deer and the antelope pronghorn play. And seldom is heard an encouraging word.  ;)
""It may be laid down as a primary position, and the basis of our system, that every Citizen who enjoys the protection of a free Government, owes not only a proportion of his property, but even his personal services to the defence of it, and consequently that the Citizens of America (with a few legal and official exceptions) from 18 to 50 Years of Age should be borne on the Militia Rolls, provided with uniform Arms, and so far accustomed to the use of them, that the Total strength of the Country might be called forth at a Short Notice on any very interesting Emergency." - George Washington. Letter to Alexander Hamilton, Friday, May 02, 1783

THE RIGHT TO BUY WEAPONS IS THE RIGHT TO BE FREE - A. E. van Vogt, The Weapon Shops of Isher

Jim Kennedy-ar154me

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Re: Long Term Investment
« Reply #4 on: June 25, 2024, 10:17:01 AM »
... where the deer and the antelope pronghorn play. And seldom is heard an encouraging word.  ;)

That far out, seldom is heard ANY word!

Nice and quite!! I would LOVE that.
The time for action is upon us and the enemy is at our gates. Let us not allow them one more inch of advancement but instead throw them through the gates of Hell.

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Re: Long Term Investment
« Reply #5 on: Today at 02:06:43 PM »

Rastus

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Re: Long Term Investment
« Reply #5 on: June 29, 2024, 08:29:18 PM »
Anything can be stolen from you.  I am concerned about a focus in real estate because they can tax it until you can't pay....it's happened before.  Though I think real estate is good but you gotta have something around you can turn into cash to pay the taxes.
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alfsauve

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Re: Long Term Investment
« Reply #6 on: June 30, 2024, 08:48:57 AM »
If there is an organized government to levy taxes, then precious metals might be a good thing to have on hand.

Whatever the currency, de jour, food is always good for trade or barter.   Corn and potatoes are exceptional good items since they are so versatile.  Thinking booze.
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Rastus

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Re: Long Term Investment
« Reply #7 on: June 30, 2024, 10:54:15 AM »
You zeroed in on where I am in the thought process.  Most of what I have is in real estate.  I hope to divest part of it in the next 12-18 months dependent upon world events...maybe sooner.
Necessity is the plea for every infringement of human freedom.
It is the argument of tyrants; it is the creed of slaves.
-William Pitt, British Prime-Minister (1759-1806)
                                                                                                                               Avoid subjugation, join the NRA!

 

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