It's always the same answer: diversify, diversify, diversify. I also don't think there will be many places to hide should the U.S. financial system go bust. I once curated a conversation with a group of investors and some of the nonobvious recommendations they pitched were: invest in high-end property in resort towns because wealthy peop…
It's always the same answer: diversify, diversify, diversify. I also don't think there will be many places to hide should the U.S. financial system go bust. I once curated a conversation with a group of investors and some of the nonobvious recommendations they pitched were: invest in high-end property in resort towns because wealthy people will always exist and they need places to live and play in; buy into mining operations as in don't just buy gold, own the mining operation. These are both hard to do for smaller scale investors but could be useful at the upper income end.
It's always the same answer: diversify, diversify, diversify. I also don't think there will be many places to hide should the U.S. financial system go bust. I once curated a conversation with a group of investors and some of the nonobvious recommendations they pitched were: invest in high-end property in resort towns because wealthy people will always exist and they need places to live and play in; buy into mining operations as in don't just buy gold, own the mining operation. These are both hard to do for smaller scale investors but could be useful at the upper income end.