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investing_in_tangibles

Investing in tangibles

invest in tangibles.

Investing in tangibles is a major component of the fiscal conservatism, conservative values and American values of prepping as well as an inflation hedge. It is an investment in your survival that recognizes the fragility of our interconnected and networked systems of support. It is referred to as prepping with the mnemonic called the 8-B's: “Beans-Bullets-Bandaids-Books-Bullion-Batteries-Brotherhood-Being”, as well as the 3-B'sBean, Bullets, Bandaids” and many other similar variations.

Rationale

One should seriously consider the dismal state of the United States economy, massive government debt and government deficit spending, the money printing out of thin air by the Federal Reserve (QE3 - “printing money like it's going out of style, because it IS going out of style”), and the U.S. Debt to GDP ratio.

Financial investments (stocks, Bonds, IRAs, 401ks and others) are practical ways of preparing for retirement as long as modern Systems of support remain intact and functioning more or less as they do today. If, however, these systems (the economy in particular) fail, then investments in tangible, life-sustaining items will provide a much greater return. Even if things don't go badly in the future, investing in tangibles can improve the overall quality of your life. That is why many Preppers-Survivalists say they invest in tangibles for “…if times get tough, or even if then don't”. Such investments should be based on the concept of threat probability and impact scale.

“A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently and die gallantly. Specialization is for insects.” – Robert A. Heinlein

Thus, it seems appropriate for some to get substantially out of the stock market soon, cash in your IRA-401(k) paying the 10% penalty and get reinvested in tangibles like the “Eight B's”:

These eight categories of tangible investments in your immediate possession should be both stored and home cached on your own productive farm land that is in a lightly-populated region (see low population density) with plentiful water and rich topsoil (preferably in one of the free states such as the American Redoubt (Idaho-Montana-Wyoming-Utah-Eastern Oregon or Southwestern Oregon-Eastern Washington, the Tennessee-Kentucky Cumberland Redoubt. Such a survivalist retreat should first and foremost have reliable water sources, preferably a spring, or less preferably a year-round creek-stream-river, a pond, lake and a water well. It should be private, secluded land, near a small town, with the ability for tactical home defense in the case of a total economic collapse or societal collapse in which crime becomes rampant. It should have a minimum of 3 acres with some downward hill slope (contour) for permaculture (see Montana's Paul Wheaton Permies.com forum and the http://RichSoil.com blog) Hugelkultur and swales on contour, with a mix of forested (for firewood, microclimates and food forest), pasture (for micro-livestock), garden land with good topsoil and a water pond or small lake for biodiversity. All of this should be in a rural area; and have potential for alternative energy like solar energy, wind and/or micro hydro electric power.

Time to get invested in these big eight areas NOW before SHTF-TEOTWAWKI-Apocalypse

Tangibles Trump Conceptuals

Modern fiat currencies are generally accepted, but have essentially no backing, unlike hard money. Because fiat currencies are largely a byproduct of interest bearing government bonds or Treasury bonds (debt), modern currencies are destined to inflation. In the long run, inflation dooms fiat currencies to monetary devaluation and economic collapse. The majority of your assets should be invested in productive farm land and other tangibles such as useful hand tools. Only after you have your key logistics squared away, anything extra should be invested in precious metal such as silver and gold.<ref>James Wesley Rawles in the American Redoubt, “The Precepts of Rawlesian Survivalist Philosophy”, Idaho-Montana, The Survival Blog, http://survivalblog.com/precepts Accessed December 10, 2014</ref>

Get out of Dollar-denominated assets, and into tangibles like productive farm land, guns, ammunition, full capacity magazines, and precious metals (mostly silver, followed by gold – see Gold to silver ratio).

Also invest in your own soul-spirit, mind/body with survival skills and preparedness skills.

1. Food and Water ("Beans")

Beans = Long-Term Storage Food

Read the main articles about Food storage or Water storage

Expect to spend at least the same amount per month as your monthly food bill X 2 (at several thousand dollars) since you need to buy lots of 5 gallon food-grade buckets with color coded screw-on Gamma Lids and 55 gallon blue water barrels (see Emergency Essentials<ref>Emergency Essentials, Utah, http://BePrepared.com</ref>) along with Country Living grain mill-grinder, bread maker, food dehydrator, canning supplies, 1 quart Mason jars, 2 camp stoves and lots of propane tanks, etc.<ref>http://www.survivalblog.com/2013/02/economics-and-investing-1450.html Accessed December 10, 2014</ref>

Food Storage

The word “Beans” is often used to describe basic food and water. Invest in 8 to 12 months worth of mostly long term storable dry-goods foodstuffs, and less of canned goods. Squirrel away lots of grain, beans, rice, salt, sugar, honey, coconut oil and olive oil, ghee, tea and instant coffee

Lay in an honest one-year supply of storage food for your family:<ref>Rawles, James Wesley, How to Survive the End of the World as We Know It - Tactics, Techniques, and Technologies for Uncertain Times, 2009, Plume, ISBN-10: 0452295831, p. 27</ref>

• Start by increasing the quantities of canned foods that you use on a regular basis.

buy some short-term Get out of Dodge foods that don't require adding water, such as military-specification Meals Ready to Eat (MRE).

• build a large supply of wheat, rice, beans, honey, and salt, in five- or six-gallon food grade buckets.

rotate your storage food consistently, using the First-In, First-Out (FIFO) inventory methodology.

store extra food for charity and barter.

Growing your own food

The ability to produce food can be equally or more valuable that food storage, options include permaculture-gardening, raising livestock, developing a food forest and more. Many produced foods will need to be preserved for storage by canning, dehydration, or other methods. Vegetable and fruit seeds can also be stored. Plan on three seasons worth of non-GMO, open-pollinated non-hybrid heirloom vegetable-fruit seeds and cooking herb and medicinal herb seeds.

Water Storage

Water is generally ready to be stored directly from the tap, rain, or a water well. Large, food-grade containers are best for this. A pond, lake, spring, creek or other natural water source can go a long way towards providing long-term water security, but a water filter will likely be necessary for most natural sources. Store 2 to 3 months of water storage in blue food-grade 55 gallon drums with a Big Berkey water filter and replacement water filter inserts.

2. Defense and Security ("Bullets")

This means invest in, support, protect and defend the Second Amendment, your family, your liberty.

Read the main Home security or Firearm articles

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The term “bullets” is often used to describe the ability to defend one's self or loved ones, usually with firearms and sufficient stored ammunition. Other home security measures should also be considered.

Liberals and socialists support “common sense” measures - a “good first step” of the Nanny State. To a citizen-prepper-patriot and to the Bill of Rights, this is “death by a thousand paper cuts”. This video shows why you should invest in firarms and invest in ammunition.

This Second Amendment Foundation video is the formal response to Hollywood's Demand a Plan gun-grabbing propaganda video. The video shows one of the main differences between liberal gun control Nanny states (Blue states) and conservative and/or libertarian Second Amendment-supporting “free states” (Red states). This video shows why we vote with our feet: https://www.youtube.com/watch?v=UBelF4UddcY

Acquisition of Firearms

There are many different types of firearms, but a small selection can meet most needs.

  • Rifles are a primary component of many survival armories

** .22 Long Rifles are hunting small game, dealing with vermin, and practice. Popular models include the Ruger 10/22 or Marlin Model 60.

** Bolt-action .308 Winchester chambered rifles for hunting or other long-distance shooting. Popular models include the Remington Model 700 and Winchester Model 70.

** Large caliber semi-automatic rifles are useful for hunting, but are particularly useful for defense. Popular models include the M1A, FN-FAL, AR-10 and HK-91.

** Small caliber semi-automatic rifles are useful for hunting, but are particularly useful for home defense and varmint hunting. Popular models include the AR-15 (.223/5.56 ammunition), AK-47 (7.62x39 ammo), and Ruger Ranch Rifle (.223)

  • Shotguns are very versatile tools that can fire a variety of shells other weapons can not.

** Shotguns are useful for defense, hunting, and vermin control. Popular models include Remington 870 and Mossberg 500.

  • Handguns are used primarily for defense, but see some use in hunting and vermin control.

** Revolvers ** Semi-automatic pistols

My Shopping List

What guns should one invest in?

Your rifles, shotguns and handguns.

Urbanites
Rural Folks

Things to buy NOW!

First of all, get your unpapered handguns and battle rifles. Then, buy plenty of ammo, spare parts, mags, etc. for each. Next, get trained at a quality shooting academy.

Rifles
  • Get a ..50 BMG while you can. With some diligence, you might actually find them for private sale in your local paper or gun forum. I urged this of you in 1998, and time is running out! Two noisome Senators are now calling these target rifles “terrorist weapons,” even though there is no evidence of a ..50 BMG ever having been used in a crime. If you cant afford a rifle, go in on one with some buddies. At least buy some API and Raufoss rounds!
Handguns
Parts and Accessories
Miscellaneous Gear
  • Night vision devices and infrared lasers. Great high tech stuff which offers a huge tactical edge to the user. We soon won't have access to this gear once the liberal nanny states spread their propaganda and turn America into a full blown socialist-fascist police state. Expensive, but worth it. Sell your jetski if you have to.
  • Bulletproof vests are a must. One gun and one vest beats two guns and no vest. Again, there have been leftist-Democrat sponsored bills in Congress and unfree state legislatures that have attempted to ban these self-defense necessities. The statists wish to limit bullet proof vest only to police, military and elitist politicians. Of course, criminals always inherently ignore “common sense gun control” laws (that term in quotes is sarcasm but is a real Obama PolSpeaj term) meant to disarm their victims.
  • Reloading (handloading) equipment - Dump your uncommon cartridges and concentrate on the common stuff. The People's Republik of California Nanny state in 2014 attempted to created a new bureaucracy for ammunition licensing and background checking each purchase of not only ammo but all reloading components. Fortunately, Governor Jerry "Moonbeam" Brown vetoed the bill in September 2014. The bill was almost unanimously passed by the Democrat controlled legislature and was sponsored by a prominent liberal Mexican-American Los Angeles politician who wanted to “disarms the gangs” through licensing ammunition. In a surprising fit of wisdom Governor Brown commented on his veto that such ammo and handloading licensing would do nothing to stop crime.
Stuff you wear
Stuff you carry

Gun Safes

Burglary Certification
Fire Certification
Gun Safe Sources

Night Vision Devices

Ammunition

Find deals for ammo preps - Suppliers of ammunition:

Be sure to learn to practice handloading to reduce per-round costs.

Remember that “Two is One, and One is None!” Gun cleaning supplies, holsters, gun cases, gun slings, optics, and basic gun-smithing tools are all necessary accessories for firearms. Also consider high quality knives and force multipliers like security cameras and Comms such as CBs-MURs-Amateur radio-Short wave radios. In-person firearms training, not just Youtube gun videos (Nutnfancy), and gun range time should be priorities as well.

See #Gun Enthusiast's Glossary of Firearms and Second Amendment Terms by

Knives

Made in USA Tools

3. First-Aid ("Band-aids")

Read main article about First-aid

Band-aids are often used to refer to first-aid supplies and skills such as a first-aid kit, over-the-counter medication, and prescription medication. Medicinal herbs and other natural treatments shouldn't be overlooked either.

4. "Books", Knowledge, and Skills

Read the main articles for books and skills

Books, knowledge, and skills, are all potentially very valuable to have throughout daily life and in the event of a disaster. The internet provides a wealth of free knowledge via blogs, videos, podcasts, and other free resources.

Some popular resources include

5. Precious metals ("Bullion")

Read the main articles about Precious metals and barter

Bullion generally refers to precious metals, but can refer to any hard currency or barter items. Items such as gold and silver are the primary forms of “bullion”, but alcohol, fuel, luxury items, and anything else that is hard to come buy during a disaster can be useful. While barter may be the only viable option for trade after an economic collapse, participating in barter today can provide economic advantages over using cash, such as circumventing taxation and getting greater relative value.

The Price of Copper and the U.S. Economy

The price of copper has traditionally been one of the very best economic indicator of the future performance of the U.S. economy. Many analysts are concerned.<ref>Barnato, Katy, “‘Dr. Copper’ Tells Markets the Party’s Over: Albert Edwards”. CNBC, Published May 2, 2013. Accessed February 20, 2015.</ref>. “Copper is viewed by some analysts as a signal of turning points in the world economy, as well as an indicator of whether it is safe to buy cyclical industrial stocks.<ref>Ibid.</ref>

“Copper's downward trend foreshadows a stock market collapse, according to Societe Generale's famously bearish strategist Albert Edwards, who said equity markets will riot 'Japan-style.'” <blockquote>“Copper is acting exactly as it did when I wrote about the impotence of liquidity in the face of the (then imminent) 2007 recession. Once again it is giving us an early warning that liquidity will not save risky assets: time to get out of equities.”<ref>Snyder, Michael, ”The Price Of Copper And 11 Other Recession Indicators That Are Flashing Red“. Economic Collapse Blog, Published May 7, 2013. Accessed February 20, 2015.</ref></blockquote>

See also Copper-jacketed lead.

6. Energy ("Batteries")

Read the main Energy article

Modern life is greatly improved by modern energy using systems. Transitioning to a life without such system would be incredibly difficult for many people. There are a wide variety of ways to become more prepared or self-sufficient when it comes to meeting your own energy needs. Investing in energy storage, energy production, and energy efficiency can all make life easier after a disaster or better before one.

Energy sources that can be stockpiled to run appliances or generators

Renewable energy sources that you can produce yourself

You can use energy more efficiently

7. Family and Community ("Brotherhood")

Brotherhood can come from family, a support network, the survival community, or your local community. These are very important to care for and protect and invest in. Surviving after a disaster or everyday life is very difficult without some sort of family or community. Humans are social creatures and both mental and physical health suffer in isolation. Additionally, community and family can have far greater skills and resources that any individual can.

8. Stay Busy, Don't Hurry, Don't Worry, Be Content ("Being")

This refers to the psychology of survival and particularly to faith, prayer, contemplation-meditation.

  • Stay Busy - Work is good mental and physical health, idleness is bad for them
  • Don't Hurry - Be patient, it can be tempting to get into a hurry and make mistakes
  • Don't Worry - Stressing out over things that can not be controlled is unhealthy and doesn't improve things
  • Be Happy - Realize that as long as you have what you truly need, that is enough

See Also

  1. Food (”Beans“)
  2. Firearms and other Home security (”Bullets“)
  3. First aid supplies (”Bandaid“)
  4. Books and Skills (”Books“)

Contrast with:

** Economic preparedness - Fiscal conservatism: Debt is financial cancer, Tax is theft, Renewable energy, Financial security, Barter for Preparedness, Creating a home-based business, Ludwig von Mises' conservative libertarian Austrian economics and Capitalist Conservative economic policies of Ron Paul

** Invest in tangibles: Rural farm land, Tools, Food storage, Water storage, Precious Metals, Copper-jacketed lead and Firearms

** Permaculture-Agriculture-Gardening: Growing your own food, Food storage and Water storage

** Family values and Parental rights: Sanctity of life, Family-Marriage, Homeschooling teaching Virtue, Patriotism, Duty, and Self-reliance

** Vote with your feet - Strategic relocation: Owning land is true wealth and Personal-Localized-Regional-State-National-Global - Move to a Free state with Firearms freedom, Free markets and low population density


Bibliography - Further Reading

References

investing_in_tangibles.txt · Last modified: 2020/03/12 18:41 (external edit)