If you have managed to accumulate a nest egg, or if you are in the process of doing so, just what should you do with it to keep it safe?
Is time-honored investment advice from "financial planners" still valid? Or is the "diversification" they advocate just a small and surprisingly risky slice of the investment opportunities available?
And what are you really doing when you make an investment? You're placing a bet on what you think will be valuable at some point in the future, right? What will be the value of emergency cash, municipal bonds, and company stocks, the spectrum of conventional financial diversification, in the event of a general collapse of the economy and society?
In this podcast I explore alternate forms of accumulating and preserving value.
Also, this is the first show recorded on Liberty Ridge, the soon-to-be location of Shrugger Studio. You might hear a light gust of wind in the microphone now and then, or a bird calling as he flies by. I recorded this show on the porch whilst enjoying a perfectly beautiful day (as pictured, left).
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Pete Ferron