Prepper Type Investment Strategies
Here’s an interesting article written for ‘ordinary people’ rather than preppers, and listing a number of alternate forms of investment for people who are skeptical about the long-term (and possibly even shorter term) validity of traditional types of investment (such as stocks/shares and bonds).
Number one on their list of alternate investments? Guns and ammunition. I was actually thinking about this as I walked the floor of a huge gun show in the Seattle area last weekend – used guns in particular hold their value very well.
Some guns I bought decades ago are definitely worth appreciably more these days – I’m not sure their appreciation has outstripped the rate of inflation, but tell me what else there is that you can buy and benefit from and still resell, years or decades later, for more than you paid for it originally.
Number three on the list is farm land. This also speaks to the prepper mindset. If (when!) you buy your retreat, get as much land with it as you can possibly afford. This is one time when you shouldn’t hesitate to take on additional debt to cover the cost of the additional farmland, particularly if the land can be rented/leased out to a farmer or, for that matter, managed by yourself and your retreat community.
The ongoing ownership costs of the extra land you purchase will probably be balanced by the return you can somewhat passively generate from the land, and of course, if/when TSHTF, you’ll probably have your indebtedness wiped out by the massive disruptions to society and our economy.
Could we point out that this is part of the value/benefit of joining the Code Green Community – you’ll be buying into a substantial amount of land as well as a hardened secure retreat.
Number six on the list is timber. This ties nicely into number three (land). It is highly desirable that your retreat resource include plenty of timber – in a post-SHTF environment, wood will become invaluable as a lower tech source of energy and as a general purpose building material.
Number 11 is of passing historical interest, when it points out that in the earlier days of the US, whisky was used as a currency. This is entirely in line with our projections for future currencies in a Level 3 type environment, where we predict that currencies will be things that have underlying value in them rather than abstractions of wealth (ie paper money) or traditionally expensive items but which have no underlying value-in-use (ie gold).
We do not agree with many of the recommendations in the article, either in general or from the specific perspective of preppers seeking investments not only for an ordinary/normal future, but for a potentially very changed future too. Some of their recommendations have high risk factors associated with them, and others ignore the high transaction costs of buying and selling the items (for example, rare coins and stamps, both of which attract substantial transaction fees through dealers or auction houses to buy and sell).
But firearms, ammo, land and timber – two thumbs up for those recommendations.