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bank run?
27 March 2013, 21:11,
#11
RE: bank run?
At the moment, I think the safest bet is hard assets and, ideally, productive hard assets. I.e. those that generate an income which is independent of whether they rise or fall in value. So, moving to a bigger house in the hope it will go up in value; not a good idea. Buying a buy-to-let property that will give a rental income, irrespective of how the value of the asset performs; good idea. Land can always be put to use, irrespective of what happens to its value; rent it out, grow food on it, put trees on it, put a solar farm on it, etc.

However, in a real TEOTWAWKI situation, even these assets wouldn't be safe. Someone's gun would be more potent than the pen that was used to assign you title to the land. But then we're into a whole new paradigm anyway.
Find a resilient place and way to live, then sit back and watch a momentous period in history unfold.
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Messages In This Thread
bank run? - by Tartar Horde - 27 March 2013, 19:57
RE: bank run? - by Geordie_Rob - 27 March 2013, 20:01
RE: bank run? - by Binnie - 27 March 2013, 20:10
RE: bank run? - by Geordie_Rob - 27 March 2013, 20:17
RE: bank run? - by MaryN - 27 March 2013, 20:06
RE: bank run? - by Lightspeed - 28 March 2013, 05:31
RE: bank run? - by Highlander - 27 March 2013, 20:16
RE: bank run? - by Straight Shooter - 27 March 2013, 20:41
RE: bank run? - by Tarrel - 27 March 2013, 20:58
RE: bank run? - by Spandex228 - 27 March 2013, 20:58
RE: bank run? - by MaryN - 27 March 2013, 21:07
RE: bank run? - by Tarrel - 27 March 2013, 21:11
RE: bank run? - by Highlander - 27 March 2013, 21:17
RE: bank run? - by Tarrel - 27 March 2013, 21:36
RE: bank run? - by Straight Shooter - 27 March 2013, 22:04
RE: bank run? - by Highlander - 27 March 2013, 22:55
RE: bank run? - by Barneyboy - 27 March 2013, 23:02
RE: bank run? - by Straight Shooter - 27 March 2013, 23:21
RE: bank run? - by Prepaday - 27 March 2013, 23:33
RE: bank run? - by Nutmeg - 28 March 2013, 08:03
RE: bank run? - by Binnie - 28 March 2013, 08:21

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