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If I want to invest, im thinking RE would be great, but with the CDC moratariums, its a risky hedge. On the other hands, the markets are so volatile, im unsure if its a good idea to put money there. Or I could go more tribal, get a single house, and stock pile random stuff here and there

If I want to invest, im thinking RE would be great, but with the CDC moratariums, its a risky hedge. On the other hands, the markets are so volatile, im unsure if its a good idea to put money there. Or I could go more tribal, get a single house, and stock pile random stuff here and there

(post is archived)

[–] • 1 pt

My advice is to convert any fiat currency you may have into tangible items: gold, silver, ammo, guns, land, buildings, tractors, fuel, food and so on.

Godspeed.

[–] [deleted] • 1 pt

Fun fact I learned. During the Zimbabwe inflation bullshit, the people who survived were the farmers that owned animals. While the money all went to shit the farmers could trade meat, and milk, and survive. So, that's good advice. Buy real shit you can hold in your hands, and trade that will remain in demand.

[–] • 0 pt

Owning a house to live in or bare property is wise. Buying residential income property will be more difficult as Marxist policies spread. In 2021 we saw the CDC, a government health agency with zero accountability to voters, making it impossible for you to get rid of deadbeat or destructive tenants. That was ended in August 2021. I think the courts struck it down. However, it is a taste of what is coming - legislation and government agencies telling landlords who they can rent to, how much they can charge and not allowing you to dump bad tenants. "Rich" landlords will be forced to subsidize "underserved" tenants by losing money every month. Commercial rentals may be better but it could happen there too.

[–] • 0 pt

Real estate is pretty safe. I would buy on the edge of a big metro area. It seems the only sure thing is the continual expansion of suburban sprawl. You buy acreage now that's considered "non-commutable" or has shit rural schools, or whatever, give it a few years, and fleeing white people will be chomping at the bit to acquire it in 1/4 acre pieces.

[–] • 0 pt (edited )

I spent half my money on hot women and alcohol and traveling. The other half i wasted. Saving money is for faggots. Live before you die.

[–] • 0 pt

I bought a small property in the countryside and I love it so much.

The house has doubled in cash value since pre-covid but I care very little about that. In fact I find it a bit annoying because I had planned to buy more land and now the investors are moving in and selling it for 2-3 times what it cost a few years ago.

That said, the real investment is that now I know how to grow plants, fix my cars, chop trees and wood with my chainsaw and axe, all that good stuff. It's life changing.

[–] • 0 pt (edited )

Real estate can quickly become a liability now because you can be forced to assume costs you can't turn off while also retroactively lose income.

For example now in addition to the mortgage you originally agreed to:

Your HOA can demand significant upgrades to your house and fine you or put a lean on it if you don't. They can actually foreclose and take your property from you.

YOUR HOA can take away your income sources such as renting it or working from home or a home business.

You can be forced to connect to utilities you don't need such as expanding water and sewer and electrical utilities or stay connected as they raise their minimum monthly charges even if you don't use their services.

You can of course have higher taxes applied to your property.

Your insurance rates can go up drastically and both your mortgage company and HOA can demand you maintain it.

Now of course if you were dumb enough to get a variable rate mortgage with a high rate ceiling you can get hit with that.

This is drastically different from why real estate used to be a good investment when you could control your costs and more importantly set your costs at a fixed amount that could not rise. Almost impossible now in any near urban or suburban area.

[–] • 0 pt

RE's so risky? I and another relative in a different city got letters from different people saying 'hi, records show you own the property at 123 Main St., I'm interesting to buy...' Someone spent $4.33 sending the certified handwritten letter to me. I looked the person up and it's a person already in the same city. What's the rush for scooping up properties in California of all places? It looks like people are combing through neighborhoods looking for rental properties to buy.

[–] • 1 pt

This is happening in real estate and the auto market. If I'm bored I'll engage them and ask, "Why would I want to sell my house/car right now?" They go into their spiel about how much I can get. "OK," I say, "then I have to buy a replacement. What does it matter if I can sell my house for a billion dollars if that billion dollars isn't enough to get a new one?"

Every one of them stops trying to sell me at that point.

[–] • 0 pt

Small business, small landlords, small property owners, small farmers, etc. are slated for destruction in the new world order.

Anything 'small' can provide for individuals in a community. As long as you are aware of this, you can take steps to safeguard yourself from the purge, which is already well underway.

Having middle class means in the near future will result in being chastised for the poverty of billions. But if you're a billionaire, you will be hailed as a hero.

We all are going to need local resources. If you can produce a tangible or consumable good, that is probably the best. Owning a small farm, some acreage with a sawmill, will be very useful. Rental properties will be helpful to a point, but when things get quite dire, the government is going to institute eviction moratoriums along with price controls.

While a rental property is very helpful in generating income, there is a possibility income is not what you need, nor what your tenants could pay.

Let's say the gov. restricts rent to $5000/mo, but $5000 now only buys a small bag of groceries, what then?

Honestly, most of us are not going to survive very well through all of this. We will all be hurting. That's what happens when billions die from purposeful population control.

If you can get water, power, heat, and food without money, you will be in a VERY good situation. If you have that, then invest in income and asset producing resources.