The relevance and reasonableness of strategies depend heavily on whether you want to keep the purchasing power of your current dollars within the US, or internationally.
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#investment
https://twitter.com/Molson_Hart/status/1312426067332915201
Obviously, in either case you can consider some physical gold and bitcoin.
But physical gold and bitcoin do not generate cash flow. So after that, you have to ask yourself what you believe is a likely scenario of collapse and where you will be standing when it happens.
But physical gold and bitcoin do not generate cash flow. So after that, you have to ask yourself what you believe is a likely scenario of collapse and where you will be standing when it happens.
If you're planning to be in the US the whole time, buying real estate as a performing asset that hedges against inflation works quite well.
If you're planning to leave and go outside the US post-collapse, that's questionable because it's still dollar denominated.
If you're planning to leave and go outside the US post-collapse, that's questionable because it's still dollar denominated.
But on the other hand, unless you have family in, say, Burma, and might move there eventually, it's generally more trouble than it's worth to buy rental property there while living in the US.
So the question you must answer first is "What do you want to do?"
So the question you must answer first is "What do you want to do?"
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