With all the fiat money being printed , instability, and uncertainty in the world right now. what exactly would you do to preserve and grow a $500K cash asset.
I have concur on gold, silver, guns, ammo, prep stuff but looking for other ideas that will hold or increase value in this upside down world that dumb people are voting for. like farm land maybe. need ideas. keep them coming.
I would build my Retirement Cabin on my UpLand lot at Excursion Inlet, Alaska.... Complete with All the Solar the roof would hold...... And a Potable Water Well in the basement, drilled before the concrete was poured...
You could always buy one of those "survival escape pods" that has had everyone so fired up these past few days...
I like all of the above but if this was a bounus 500K that I wasn't expecting, I'd put it all aside and the only thing I trust to remain the same value is Au, Ag or land. For instance, I know a guy who put $10K in G & S some years ago and recently put a downpayment on a house with the 60K he sold it for.
He took his Ag and sold it for debt? Not so sure that was a good move, but I'm glad he got the land out of it. (As long as he pays his "rent" and reduces the debt forthwith.)
I've wondered about buying less expensive metals like brass and copper. Anyone have an option on that? Not that it would be good for large amounts of money but may be good to diversify what you buy and copper has a lot of real use value. Personally I like the idea of buying land and properties but in a real TEOTWAWKI it won't really matter much, in real TEOTWAWKI I don't think metals will matter a whole lot either until civilization rebuilds. In economic collapse but civilization goes on I think land is really good as well as metals.
I would put it into an account payable to Leukemia treatments for my granddaughter and anything left would go to their College fund. Except for my purchase of a Bottle of Crown Royal XR Extra Rare Heritage Blend Whisky.
I'd get a decent piece of land in a nice little mountain area I already have in mind, start building domes there and, yes, start building those survival escape pods. Get a helper or two, rent some domes, probably house the helpers and put what isn't into the pods, into alternative energy research, but the two go hand in hand. Save some back for an advertising budget. Advertise the pods and likely some other products people need that have lower tickets.
Buy a nice rural home. One where I cannot have my right hand on my house and my left hand on my neighbors house. Silver and gold? I suppose. Copper? Yes, buy lots of copper wire, all kinds. Copper wire is very useful stuff.
for me? It would be Land. They aren't making it anymore (if you exclude where they are pumping sand to make new islands in the middle east and china )
I'd buy 500 acre's on a lake and build a Monkey retreat,Dig a well and buy a tractor... Gator's have no need for a survival escapie poddie thingie...We are our own self encased pod... Bring your own...!!! I live on a island.
The most basic rule of economics is that value can only be measured by the marketplace so I would probably invest in that which would give me the greatest amount of personal security rather than viewing it as an asset value dependent upon the value set by others. Land and the means to harvest and protect it, will support you, feed you, and provide means for shelter. Next would be PMs if my security needs had been met. While there is good value in them today, we don't know what is coming tomorrow. Traditionally, PMs have retained value but only if sufficient wealth exists to extract that value when needed. I think of it this way, if I only had $1000 to my name, would I trade what little I owned for a nugget of gold? Probably not but I would trade it for a piece of land, a site for a well, a stream for fishing and wildlife to harvest.