Asset diversification for wealth protection.

[Jet Cash]

Bitcoin is a non-correlated asset, and I believe that it should be a significant part of any wealth protection investment plan. However, I don't think that one should rely on any single asset class in these times of economic and political change. Legal tender gold coins are tax exempt in the UK, but there are quite a few counterfeit coins in circulation, so they can represent quite a risk. Most shares and bonds are not good investments at the moment ( in my opinion ), and fiat savings give negative returns.

I became interested in keeping physical copper and lead when I had a recycling business, and I still have quite a lot contained in various old appliances and other equipment. Whilst lead is not particularly valuable, it does have a massive weight per volume ratio. This makes it economic to save. Copper is a fairly valuable commodity, but it has a fair bit of price volatility dependant on the world economies. Both lead and copper have industrial uses, and are likely to increase when the global economies improve in the future.

I have eight garages full of a variety of "stuff", and I want to reduce those to a total of four. I'll keep the old vehicles and vintage equipment, but I want to get rid of the stuff that isn't worth restoring. So what should I keep, and what should I sell for scrap? I could sell the copper and lead, and use the fiat to purchase Bitcoin, and I think that over a two year period, this is likely to show the greatest gain, but it reduces asset diversification. What do you guys think? Is it a good plan to keep the copper and lead in case the price increase in Bitcoin takes more than two years? What other asset diversification plans do you have to safeguard your future?

[jackg]

Copper is something I can see just going down, most copper pipes can be replaced by a cheaper plastic alternative, a lot of cabling has uses for it but it's probably come down since fibre optic has been used more (probably took a lot of copper to link the UK and US Internet at some point) and with the rise of greater efficient silicone based equipment copper probably has a lower demand.
Gold and silver aren't actually very good investments as they only normally keep with the rate of I flatiron and they're in a bit of a bubble now too. Gold rises during a recession normally but not by much.

The majority of what I have is in bitcoin so I'm not good to ask about diversification (around 75%). I recently put a small amount into index stocks to better track when to buy more in a dip... People seem to think index stocks are in a bubble too though now, if you want something particularly stable many people suggest investing in utility companies (there's also government  bonds). Insurance companies and startups may be a bad idea as issues will hit them pretty quickly if there's another crash - the same can probably be said for banks (especially in the UK).

At some point you probably have to choose if you want profit or a good diversification strategy (you can't have both)...

This thread will probably do better in speculation.

[paxmao]

Copper and Zinc, I just would not even think. If I ever buy, it would not be the physical product.

Art, stamps, real state,... Due to the regulations in the UK, farmland does not pay inheritance taxes and is many times used a reserve of value.  Gold is always first, and Platimun, Palladium etc... are second for value preservation.

If you want to beat inflation, you´ll have to consider the stock markets, I don´t see any other realistic option and yes, index are too close to ATH for confort.

[jackg]

Art, stamps, real state,... Due to the regulations in the UK, farmland does not pay inheritance taxes and is many times used a reserve of value.  Gold is always first, and Platimun, Palladium etc... are second for value preservation.

It's probably best to buy land rather than properties atm here. Houses have a lot of space to fall and if you have time to seek out good tradesmen, you can normally pick up farmland and build something on it. If you buy houses here, you've paid ~4 times the price of getting it built yourself (and larger companies normally like to cut corners in property development).

Gold seems to be bubbling too, platinum is quite a nice buy of th metals if you buy one... Other substances like caesium can fetch a high value. If you feel like speculating you could look towards buying fersionable (potentially awful spelling) materials (controllable radioactive substances but I forgot the name of the one people often refer to).

[paxmao]

Art, stamps, real state,... Due to the regulations in the UK, farmland does not pay inheritance taxes and is many times used a reserve of value.  Gold is always first, and Platimun, Palladium etc... are second for value preservation.

It's probably best to buy land rather than properties atm here. ... (controllable radioactive substances but I forgot the name of the one people often refer to).

The thing about farmland is that the extremely wealthy buy them for tax avoidance purposes, so they preserve a value in excess of their primary use. Some people are investing in Uranium (though companies) because they believe a bump is due.

[jackg]

The thing about farmland is that the extremely wealthy buy them for tax avoidance purposes, so they preserve a value in excess of their primary use. Some people are investing in Uranium (though companies) because they believe a bump is due.

I forgot what the substance was called but I remember it from a video on youtube of bieng molten when it was emitting energy so that it could easily escape down a trapdoor (working like a sprinkler valve) in the event of a meltdown.

Uranium-235 is dangerous to handle, store and dispose of. Most places don't wnat to deal with it, it also has some impact on nature once it's buried.

On an interesting note for nuclear energy, there are a lot of advancements in nuclear fusion over the past couple of years so an investment in that company overall might pay off.



I was looking at the last economic depression and the markets kept falling long after the 20%, perhaps a good investment would be to keep an eye on that ever so often and once it falls 20% from it's ath (for any asset in a recession) check it's retracement from last time and see how it compares to the S&P overall and check it's sentiment and if it looks like a good sell, you can always try to buy it lower.
There's a lot of comparisons of hedgefund managers how try to loo out for volatility and try to keep to a low risk but they have about as much of a return as a static 80:20 equity to bond split. A lot of pension schemes pick "traditional investments" such as freight ships as they have fairly stable returns and some shipping container rental places claim to make up to 20% a year - but you shouldn't invest in something unless you can get it fully insured and audit it (hence why a lot of large funds buy ships and other stuff as it's much less risky to own the whole thing).

[carter34]

If you want to beat inflation, you´ll have to consider the stock markets, I don´t see any other realistic option and yes, index are too close to ATH for confort.

I think inflation is better controlled by many banks through interest rates. It is said that when there is too much money in circulation for few commodities, it will lead to absurdity because the price will go high. This simply means that, the central bank either will increase interest rate to seize or reduce the money in circulation.

[paxmao]

The thing about farmland is that the extremely wealthy buy them for tax avoidance purposes, so they preserve a value in excess of their primary use. Some people are investing in Uranium (though companies) because they believe a bump is due.

I forgot what the substance was called but I remember it from a video on youtube of bieng molten when it was emitting energy so that it could easily escape down a trapdoor (working like a sprinkler valve) in the event of a meltdown.

Uranium-235 is dangerous to handle, store and dispose of. Most places don't wnat to deal with it, it also has some impact on nature once it's buried.

On an interesting note for nuclear energy, there are a lot of advancements in nuclear fusion over the past couple of years so an investment in that company overall might pay off.

OOok this is going to take some time:

a) Hot fusion is 20 years away, minimum. The 2 commercial companies in the UK and the main worldwide center in France that are experimenting are still dealing with creating the right magnetic fields. Not even near commercial stage and none of them are publicly traded.

b) You don't buy uranium and store it in your house my friend, you buy shares of companies that are in that business. e.g. CAMECO. I am aware of the environmental issues of Uranium, yet most countries have chosen to ignore it. I don't make the rules, I just take advantage of them.

[paxmao]

If you want to beat inflation, you´ll have to consider the stock markets, I don´t see any other realistic option and yes, index are too close to ATH for confort.

I think inflation is better controlled by many banks through interest rates. It is said that when there is too much money in circulation for few commodities, it will lead to absurdity because the price will go high. This simply means that, the central bank either will increase interest rate to seize or reduce the money in circulation.

You live in wonderland.

[Jet Cash]

You live in wonderland.

We all live in wonderland, we wonder when the anglosphere elite will lose control, and we can return to national sovereignty, and control of our assets. The control of interest rates by this banking elite is one of the ways that they transfer wealth away from nations and their population. Inflation is a tool of the wealthy to preserve and increase their wealth. When I was in Oxford, you had a choice of 3 bedroom houses for less than a thousand pounds. Good luck if you want to buy a house there now for less than £100,000.

[mpufatzis]

Gold has saved Greece many times in the past, especially in the 2nd world war, during the German occupation.
After the occupation and the civil war which followed, the economy was totally ruined and it was the mean of exchange for 2 decades.
Today after 10 years financial crisis in Greece, the trunks have opened many times, from the people they had the foresight to keep it.
If you want to store gold prefer the small coins (we used in the past British gold pounds) that is more easy to trade.
Silver is also an other option. They say that it will be used in the electronics of the future.
Since you have so much space, you can store copper too, but in the harsh times expect that the buyers will buy at lower prices than normal.
Good luck.

Bitcoin is a non-correlated asset, and I believe that it should be a significant part of any wealth protection investment plan. However, I don't think that one should rely on any single asset class in these times of economic and political change. Legal tender gold coins are tax exempt in the UK, but there are quite a few counterfeit coins in circulation, so they can represent quite a risk. Most shares and bonds are not good investments at the moment ( in my opinion ), and fiat savings give negative returns.

I became interested in keeping physical copper and lead when I had a recycling business, and I still have quite a lot contained in various old appliances and other equipment. Whilst lead is not particularly valuable, it does have a massive weight per volume ratio. This makes it economic to save. Copper is a fairly valuable commodity, but it has a fair bit of price volatility dependant on the world economies. Both lead and copper have industrial uses, and are likely to increase when the global economies improve in the future.

I have eight garages full of a variety of "stuff", and I want to reduce those to a total of four. I'll keep the old vehicles and vintage equipment, but I want to get rid of the stuff that isn't worth restoring. So what should I keep, and what should I sell for scrap? I could sell the copper and lead, and use the fiat to purchase Bitcoin, and I think that over a two year period, this is likely to show the greatest gain, but it reduces asset diversification. What do you guys think? Is it a good plan to keep the copper and lead in case the price increase in Bitcoin takes more than two years? What other asset diversification plans do you have to safeguard your future?

[yazher]

What about buying some land to plant some trees or build a farm from it? If you want you can hire farmers to do it for you. you don't need to work every day the hired farmers will do the job for you. You can think of it as one of the diversification of your wealth and a good investment too. You can also invest in that land to plant some rare vegetables for higher prices. I don't know where you came from but if you like to buy some land these are the good options you can do.

[paxmao]

What about buying some land to plant some trees or build a farm from it? If you want you can hire farmers to do it for you. you don't need to work every day the hired farmers will do the job for you. You can think of it as one of the diversification of your wealth and a good investment too. You can also invest in that land to plant some rare vegetables for higher prices. I don't know where you came from but if you like to buy some land these are the good options you can do.

These are the large farming holdings eating you alive in 3..2...1...

[jackg]

These are the large farming holdings eating you alive in 3..2...1...

The only way farming will yield highly is if you use it to grow your own crops and the land was cheap to start with.

You're at least not spending money on food so you can save a bit. If the land is fertile enough you shoul be able to keep the land working via rotations of the 4 crop groups.

Planting trees and carefully pruning them will also yield quite well. Although milling grains here seems to produce a much higher profit than actually growing them afaik.


I'm looking at investing into second world country economies at the moment if anyone has any advice on that, they should be much more growing than the first world markets and I plan on leaving my investments for many years...

[paxmao]

I'm looking at investing into second world country economies at the moment if anyone has any advice on that, they should be much more growing than the first world markets and I plan on leaving my investments for many years...

There are many funds that allow a diversified investment in BRICS

[Mammothcoin]

In addition to holding a diversified cryptocurrency portfolio,  I run a transportation business,  and I'm looking to invest in agriculture.  Hopefully,  these sources of income will generate enough in the nearest future for me to delve into real estate. I know having multiple streams of passive income is the easiest way to ensure wealth protection.

[franky1]

a couple dozen copper pipes could end up taking up the room of 2 coffins. how about melt it down into ingots and take up the size of a shoebox

EG scrap the useless materials and only keep the more investible stuff
you be surprisrd how much space u can save just by organising your haul, without having to sell any value

[MajorMiner]

These are the large farming holdings eating you alive in 3..2...1...

The only way farming will yield highly is if you use it to grow your own crops and the land was cheap to start with.

You're at least not spending money on food so you can save a bit. If the land is fertile enough you shoul be able to keep the land working via rotations of the 4 crop groups.

Planting trees and carefully pruning them will also yield quite well. Although milling grains here seems to produce a much higher profit than actually growing them afaik.


I'm looking at investing into second world country economies at the moment if anyone has any advice on that, they should be much more growing than the first world markets and I plan on leaving my investments for many years...

Personally I stay away from BRICS countries - they have the wrong balance of instability/criminality/corruption/dictatorship that makes them a very unstable asset with a track record that proves me right.
I do believe there is such a thing as the right balance of instability/criminality/corruption/dictatorship that while at times depresses the property and business values in the country short term still offers good long term opportunities.
Turkey is such a country for me - property values are low (not as low as they once were but low), infrastructure continues to improve connecting remote regions together, current dictatorial policy cementing a sort of stability, no property tax past the small initial amount at purchase, and so on...
Antalya is a gem, amazing beaches, incredible service, 1st world medicine and pleasant climate - its a perfect blend of Europe and East without most of the bullshit of both.
Main thing I like about Turkey is while they try to take advantage of every major country, they aren't anybody's bitch - for better or worse their nationalism ensures their autonomy.