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Re: goodietime post# 657519

Thursday, 05/27/2021 7:09:31 PM

Thursday, May 27, 2021 7:09:31 PM

Post# of 729699
Whatever you're comfortable with, and subjects you understand and can get behind.

Land (real estate), gold, silver, investments you feel strongly about (look at our 13 year journey with COOP/WMI here!), food stocks, basically hard assets. One of best investments of recent years believe it or not, was ammo! I stacked a lot over the past few years (because I like target shooting, and didn't want to suffer more long droughts), and in some cases the same calibers were going for 7-8 times more than I paid! Although my intention wasn't ever to flip them, they were for me, and me only.

People need to realize our dollar is rapidly losing value now, and having cash sitting in a bank doing nothing is essentially wasting away. PLUS, the interest savings rate is laughable, while the banks/credit unions happily loan out your money and collect interest on it. Yes, you still need fiat currency to pay your bills, and operate in our society, but I literally had large amounts that I had not invested elsewhere, and had sitting there out of a reluctance to invest anything more anywhere, and realized I was being foolish, NOT wise. Hence, I started buying metals some time ago. I also have investments in crypto, but my comfort level is low with that, especially considering the US government is now serious about developing their own CBDC ( central-bank digital currencies), and how long do you think other crypto's will be allowed to operate if that comes to fruition?

Plus, I want assets that are outside, not inside the system now. Which is why PM's make complete sense to me, if not to others.





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