EcoWhale (December 31, 1969 at 6:59 pm)

How do I protect my precious metals from theft? A bank safe is nice except transport theft & loss possibilities. I don't like real estate because if I move, it's so hard to sell as that can take many years and extreme patience. That doesn't leave much to invest in as far as tangible things.

MyZenSide (December 31, 1969 at 6:59 pm)

I would so agree with this video IF 1) mortgages were based on principal only, 2) houses had no maintenance and insurance costs, 3) houses had no yearly taxation (school, municipal, etc.). Also, about the 20% rate of return, was this an hypothesis? And what does one do with "idle cash", surely housing and precious metals are not the only options ???

drinkinwithbob (December 31, 1969 at 6:59 pm)

stock up on shoes clothes tools a very good idea

gooddayforme (December 31, 1969 at 6:59 pm)

beginmoneyinvesting com

gooddayforme (December 31, 1969 at 6:59 pm)

Ok.

MonicaLewandowski (December 31, 1969 at 6:59 pm)

I realize that you are not from America, my comments then don't apply to you Kartikandrao, I don't know what it is like in your country. Here, we are facing some serious financial ruin, that will affect everyone whether they know it or not. And these are what my comments are based upon, and conventional wisdom.

MonicaLewandowski (December 31, 1969 at 6:59 pm)

I mean, it is pretty self explanatory, if you know how to do these things, and most people only know how to sit in a cubicle and stare at a computer and analyze numbers, who do you think has a better chance of surviving an economic collapse? What can you trade with a person for food? Probably tangible items, not your skills as a laboratory scientist! Things you can make, and produce, which others know not how to do.

MonicaLewandowski (December 31, 1969 at 6:59 pm)

It doesn't help you make money, money will be useless don't you understand? We are facing the possibility of economic collapse, in such a scenario as in the depression, you could have an entire wheel barrow full of money and it would buy you only a loaf of bread. Learn to grow and make your own bread I say, so that you are beholden only to your own abilities, and these skills will be valued by others who lack them, which is the majority of americans who can't survive without a cell phone.

Kartikandrao69 (December 31, 1969 at 6:59 pm)

hunting is fun, butcher is eww...making cheese mite be boring but how does it help you make money?

Kartikandrao69 (December 31, 1969 at 6:59 pm)

would carpentry and smithing help you make money or its only for yourself?