- High Inflation and interest rates
- Unaffordabiliy
- Banking collapses
- US federal gov debt ceiling extension
- Ukraine Russian war
Head first we will dive into the biggest question of them all ; What do I invest into now?
- ANSWER =INVEST IN YOUR SELF AND YOUR FAMILY’S SURVIVAL
- Improve your own human capital and live a better life and be happy
- The most obvious common answer to start off is to purchase and store basic consumer goods who’s price accelerates the fastest during inflation and store it as a months supply such as grains, flour ,sugar and others.
- Next ; always be liquid in cash and short term investment products such as stocks , cryptos ,fuels and metals. So just in case when the day comes you can always dip in to your short term savings and liquidate it without having to touch your long term assets such as Land and Property
- The most underlooked suggestion is to be healthy ; by living a healthy lifestyle ,eating a vegetable based diet, drinking plenty of water, exercising regularly and avoiding junk food and drinks , you are saving money on having to see doctors , purchasing expensive medicine and having surgeries to solve issues. Remember when you are ill , you cant work or earn a living either . So. by just being healthy and living a minimalist lifestyle , you are already a few steps ahead of the cost curve
- Plant a vegetable/fruit garden and replace your boring front house lawns and yards with a beautiful healthy garden. This will do wonders for your health. You will physically exercise your muscles whilst planting and maintaining it , learn some growing skills and eat healthier .Be prepared for any upcoming crisis .
- Learn new Skills such as fixing your electrical and plumbing issues around the house, planting crops and making food ,so when the rainy day comes you and your family will be prepared to solve any local issues without having to spend too much money for contractors.
- Now this tip will is a surprise. Invest in a good car. Yes , you read right a , invest in a depreciating asset.Now you may wonder why is that…Because you don’t just use you car to drive around but your car is your asset which can be used to earn extra income. With a nice comfortable car You can drive Uber , Lyft and even do food deliveries around town or get a van and deliver goods and packages around your local neighbourhood.Don’t have the money for it? – Get a tax deductible loan and get all the interest deducted from your tax.
- Buy cheap farmland and escape there during the weekend. Plant trees , enjoy the nature and freedom and rejuvenate your body and brain from the city rush. Bring back positivity to your mind and realisation that you don’t always have to be in the city , there is a life outside the rat race.
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