Sunday, December 14, 2014
Protecting Wealth and Savings During the Decline
How many times a day do I see articles around the survival and prepper sphere talking about protecting your wealth and savings from the collapse? I have to just shake my head when I see them, especially the ones about buying gold. Not that I think buying gold or silver is wrong, let me point that out before the gold bugs get all up in arms. No the problem is that 99% of the sheeple reading the "Buy Gold" articles have not moved into the proper mental stage to really save their wealth or savings anyway.
Bottom line if you continuously value what you have in dollars you will never be able to protect what you have. There is absolutely nothing you can own that has a dollar value attached to it the government cannot take away.
Real Property ie. Land, will be taxed therefore losing you whatever percentage value they place on it. The same goes with most other large chattel and items like vehicles, machinery etc. Livestock, gold and other commodities are facing constant deflationary pressure and could in fact be confiscated on a whim.
There are only two ways I have seen anyone actually increase their wealth during this long slow decline and that is either through continued investment in a system that is manipulated. As long as you understand why the system is being manipulated and for whom....
Think pensions and then follow the money and invest in those areas the large pension systems are investing in.
... then follow that line of manipulation you can still manage a pretty healthy return. Just keep in mind however that it is an artificial bubble. Make it a point to remove surplus from time to time or you run the risk of losing it all in the end. I make no bets on when that end will come either it could be tonight, could be next year, may not happen for a decade but be ready.
The second system is to actually find employment that brings in more FIAT cash than the government takes away and stay ahead of the entire wave. Much easier to do if you are an Affirmative Action protected class but I digress.
That's really the trick though isn't it? Staying ahead of the decline wave. In the end there is no safe harbor. The wave is coming for each and every one of us but it also requires victims to keep going. The best way to save your wealth and savings during a time of government destruction of those things is to be able to outlast however many it takes to crash the system. It also requires, and this is important, the ability to not care what the dollar amounts on your insurance vehicles say they are worth.
The third little trick is to put some wealth into areas the government is least likely to look for it in. In most cases this has little to no return on your investment prior to a full blown collapse situation but has the potential for massive payoffs when/if it happens. Skills fall under this section but it can also include items that are considered out of date at present so are under the radar if you will.
As I have said many times. This is actually the hardest time of survival for those of us not on the public dime so to speak. This is massive wealth destruction of one class to transfer it to the dependent class. The only way to stop it will be the critical mass destruction of well... us... I am sorry to say. When, and only when, enough of us have been destroyed the system will fall in on itself and not before.
If you are lucky enough to have a good paying job then you more than likely will outlast the crowd. If not your only hope is to cut your own spending and reliance on the system to the smallest amount possible. This keeps you under the radar and instead of flying over the victims you are crawling in the mud under them. Not pretty but there you have it.
Only you truly know which direction is the best for you and your circumstances.
Keep Prepping Everyone!!!