Most people on Poal/Voat don't have capital or assets. They have debt, and negative net worth.
Those that do have a positive net worth are probably already divested into tangible assets.
The smart ones mix physical assets (land, alcohol, PM's, raw materials, art, etc) and crypto.
The dumb ones are buying stocks & NFT's.
The dumbest ones are buying Nikes.
Etc.
Haha you mean Poal? I use both too but stay away from the strange differences the sites have with each other.
I am not wealthy enough to buy physical assets. Silver, tools, and gear are about all I have for that section. Alcohol as an asset? I hadn't really thought about that one. I hate red wine but I worked in the industry and dealt with thousand-dollar bottles all the time. I should have saved some.
Besides gold and silver, I was wanted to deal with other unknown raw materials that are fun to hold on to, any recommendations? I was thinking about some copper just for the hell of having more assets.
Yeah. Good call. Old habits I guess. RIP Voat.
Alcohol was the #1 asset to either maintain or gain wealth in the Great Depression.
Alcohol always increases in value as everything else falls apart. People drink themselves to death.
I don't know if you heard but they ratified the 21st Amendment and prohibition is over
I still see that as speculative and there are a bunch of folks who view it as a vice.
Might as well invest in porn, right? Everybody fucks, industry is growing, technology focused ... yeah, no.
I buy the little singles of booze. Airline bottles. Find a store that sells them at a buck eack.
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