One “investment” everyone should make is to stock up on every non-perishable item you use and could use for barter in a pinch.
That includes non-perishable food, clothing, furnishings, alcohol, tobacco, and firearms.
Get spare parts for any machines you have and need, even if you won’t need them for many years.
The great thing about this investment is that you take possession of it and do not have to depend on the stability of financial markets.
The less money you _need_ to spend in the future, the lower the impact inflation will have on your life.
“One “investment” everyone should make is to stock up on every non-perishable item you use and could use for barter in a pinch.”
My wife says that is why she stocks up on purses and shoes.
👍
“One “investment” everyone should make is to stock up on every non-perishable item you use and could use for barter in a pinch.”
Your idea quoted above is IMO a very sound one compared to the bottom line of the thread’s article quoted below:
“Protect your savings with gold, silver, inflation-linked instruments and stocks in sectors that do not suffer from negative rates.”
If things really, really get bad, that gold or silver will be worthless as a medium of exchange for everyday needs.
We are working it both ways, stocking up like you suggest and keeping our IRA in tact.
Prepper ping.
Yep!