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where is your Money?

aplusmnt

Well-known member
I just moved much of my investments from U.S. Mutual funds over to overseas Mutual funds. So far this year they been showing twice the returns and I do not see much of a bright future for the U.S. the next few years. I have always only put 25% in foreign funds but now I am more around 66%. I have more faith overseas for the first time in my life. I think Obama is going to kill the dollar and cripple our companies.

Wise move or bad move?

How about the rest of you?
 

Bullhauler

Well-known member
All my money is tied up in land and cattle. Since $200 an acre land twenty -five years ago is now worth $2500 an acre I would have to say land is a pretty good investment. Especially if you are worried about the dollar tanking. I bought some pasture this spring and I tell all the doom and gloomers that if the dolar tanks like they think it is going to that I will pay for the pasture with a trailer full of cull cows.
 

TexasBred

Well-known member
Bullhauler said:
All my money is tied up in land and cattle. Since $200 an acre land twenty -five years ago is now worth $2500 an acre I would have to say land is a pretty good investment. Especially if you are worried about the dollar tanking. I bought some pasture this spring and I tell all the doom and gloomers that if the dolar tanks like they think it is going to that I will pay for the pasture with a trailer full of cull cows.

Good real estate has always been a sound investment even if it's raw unimproved land. Always try to get all or some of the mineral rights as well as they could be worth more than the surface rights. But keep some short term investments for immediate access if needed without having to take a hicky.
 

hypocritexposer

Well-known member
If the dollar crashes and other countries are going to be using a "basket of currencies" as a new reserve, commodities like gold and silver will still be a good investment.

Gold has increased in value by 300% since 2001.

If Germany asks for their Gold reserves to be shipped home from the US, look for another jump.
 

hypocritexposer

Well-known member
aplusmnt said:
I just moved much of my investments from U.S. Mutual funds over to overseas Mutual funds. So far this year they been showing twice the returns and I do not see much of a bright future for the U.S. the next few years. I have always only put 25% in foreign funds but now I am more around 66%. I have more faith overseas for the first time in my life. I think Obama is going to kill the dollar and cripple our companies.

Wise move or bad move?

How about the rest of you?

I think you might have the right idea A+.

One other area that might take off again, if the Middle Eastern countries seem to be moving in Russia, China, Japan's direction, is the Canadian Oil sands.

We're starting to see some movement again up North.
 

aplusmnt

Well-known member
I like the land investment idea, nothing wrong with buying investment property especially right now. I have been thinking of picking up some rental properties myself.

My stock questions are mostly in Tax sheltered accounts like 401K and IRA accounts. The hit of cashing them out would be to great to move them to land investments, so I am moving most of it overseas.

As for Gold I know it is the big thing right now, but it is so high I just can not see playing in that market, I would be scared I would get caught in a bust on it and before I knew it my $1,000 and ounce would be $500 and ounce. Just to conservative to play with Commodities.
 

TexasBred

Well-known member
Gold is at an all time high...not the time to buy and 2001 is not a good year to use as a benchmark as gold had just dropped over $300 an ounce. With all the uncertainties still in the economy and the future of the USA I'm staying away from almost anything with any real level of risk.
 
A

Anonymous

Guest
People must eat. Bull hauler made a valid point. If things really do tank. If one can protect his assets he will be able to barter and trade food for anything. People cant eat their gold, fancy cars and all of their trivial possesions.

I for one believe its a time that one should have direct access to his financial means and reserves now more than anytime in history. If you doubt look back 1 year it can disapear in one stroke on a keyboard. :wink:

My grandpa survived the great depression never wanted for anything because he had commodities to trade. Raised 12 kids and kept his farm and all.

the Chinese are building up their reserves of food and commodities at a record pace. If in fact things tank world wide they will be setting in the drivers seat. Also with stores of commodities a country can control civil unrest more easily. Armies as well as citizens must be fed.

Walmart one of the largest food suppliers only maintains a 3 day supply of goods in transit, their wearhouses and stores. The average American family is paycheck to paycheck. Any family needs to maintain a 6 mos supply of food reserves. Doing anything less than this will leave one up a creek without a paddle as well as dependant on the goverment.

One more word of advice. If you dont have seeds for next years planting you best get on the ball. BE IT FARM OR GARDEN. Predictions are there will be a major shortage world wide.
 

Kato

Well-known member
Money? :? :? :? :? People have money? :? :? :?

Land, yes. Garden, yes. Freezer full of beef, yes. Cold room full of canning, yes. We won't starve, anyway. :wink:
 

MoGal

Well-known member
Wall street is chomping at the bit to sell water....... we may not see it here but 22 nations are fighting over water......... that's why it concerns me the government keeps trying to take over the water supply here in the USA because they would immediately turn it over to the United Nations.

It may not bring much of a return right now, but in years to come it will.

Stop and think about it, in order to bring about the North American Union and the Amero currency they have to crash the dollar. When they make it worthless and it takes $10 to buy what $1 will today, then people would gladly go to another currency....... or at least that is what they plan.

We don't have anyone in Congress (with the exception of very few) that have the backbone and the balls to return the money system back to the people.
Eustace Mullins has a book, Secrets of the Federal Reserve and its a good read, giving the history of the Federal Reserve
: http://www.apfn.org/apfn/reserve.htm
 
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