Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago, 05/06/2020
Preparing for your next investment with Gold and Guns
In these unprecedented times many can be left feeling stuck, not knowing what to or how to invest. Others fall into analysis paralysis waiting and anticipating the absolute best deal to come along only to miss out on many home runs.
What really worries me as that while I am searching for the best deals the Fed is Printing more and more money! With the CARES ACT passed and in full effect our national deficit is looking to hit 30 Trillion Dollars in the near future! In addition with many business's slowing down production, new jobs at a loss and unemployment claims at an all time high I believe the worst and best is yet to come.
So how do we as responsible individuals who have saved and waited for a time like this to come along hedge against the fed and its endless printing? Guns and Gold (silver included).
Shout out to David Greene who wrote an article about this a few days ago as well as he recalled speaking with the great Robert Kiyosaki on the 5 G's Gold, Gas, Ground, Guns and Grub. Although I have never heard Robert talk about those items in the past it was something that has always rung true to me as when I heard the Cares act was passed and sounds of another stimulus package I simply moved more capital into these two categories.
In my professional career I mentor many NFL Players and when I tell them Gold and Guns they immediately think Rolex Watches, Gold Chains and Uzi's and although all are fun to have they are not the best value for your investment. Jewelry is expensive to make and therefore you are paying for more than the value of the gold. In addition when choosing what type of guns to invest in practical decisions need to be made as well.
The three things that I really like about Gold and Guns is:
1. They are tangible, meaning, I can hold them, they are physical things that are not made up. (dont beat me up in the comments too much bitcoin lovers) Guns can also be used to put food on the table, protect your family and have a good time at the range.
2. They are in High Demand. Since the invention of Firearms they have been a must have for every hunter, tacticool joe and responsible individual who wants to protect their family. In addition gold is known as gods money as it has backed fiat currencies around the world.
3. Their value increases as pandemics or recessions take place.
So what type of firearms should I purchase to hold while my cash is devalued in my bank account?
Ar-15's
Ar-10's
Military Pistols such as
Beretta M9
SIG Pistols
Glock 19,17,34,45
Shotguns
Mossberg 500, Remington 870
Ammunition
556, 7.62x39 9mm 45ACP 308 Win 22LR
In my opinion, you wont have any problems converting these physical assets back into cash when the right deal comes along.
Now I know what some of you are thinking, putting my cash into these items makes me look like a doomsday prepper and that may be a bit true but what does keeping your money in a bank that you are earning .25% back on while the fed prints another 10 trillion dollars say about you?
Dont care about what other people think, be smart with your fake money and buy physical assets that will appreciate on a smaller scale while we see some awesome deals come up in the next 6 months then liquidate them back to cash and buy those assets.
Thanks for taking the time to read and looking forward to connecting with you all in the comments!
Kody Thompson is the CEO and founder of Kaeo Capital.