Unconventional Investments

by Kevin on May 24, 2009
in Journal

Edit: Avagdu let me know of some other stuff that could be worth looking at.

Been talking with V on the R5nger5 IRC channel (irc.freenode.net #r4nger5, come say hi) and the conversation drifted to investments. Various things were discussed which I will go over here.

Traditionally, investing is usually done with stocks or commodities. the problem with stocks is that they don’t really exist (money these days doesn’t really exist either, its what is known as fiat money which means that it is only worth what the state says it is worth and is backed up by people’s faith in the state but that’s something that can be discussed later). Gold is done in more or less the same way but there is (supposedly) a real tangible substance being held in trust.

The problem with that is you don’t get to hold it in your hand so its not really yours. If things go tits up with the company that you have given money to then your money could disappear.

Getting physical gold is also problem. An ingot is pretty damn expensive. Also, you need someplace to store it securely. Another big problem is in a SHTF situation. You will have to take that gold with you. Gold is heavy and doesn’t really do much. You would be better off in the short term with using the space and weight for food and water. If you can securely store your gold in a bug-out location that would be best.

This brings me on to the main focus. Investments should be functional and reliable as well as 100% under your control.

Wogs and r4nger5 know the importance of kit. Kit enables you to carry out tasks and can augment your skills. Getting good kit that will last a while is a great investment. I suggest getting a good knife (many tasks can be done with one). Pig Monkey suggests a backpack and a good pair of boots.

I made the suggestion of wog laminated maps. The ground does not change appreciably on a year to year basis so a good set of maps should last you at least a decade. For those who don’t know, wog lamination is where you take clear packing tape (or other clear strong tape) and cover both sides of the object resulting in a waterproof and tear resistant object. You also have the bonus of being able to write on the map with a pen or china pencil and wipe it off later.

Rechargeable batteries are also an idea. Every day there are more and more electronics coming out and they need power somehow. The majoirity of them are powered by batteries. Rechargeable batteries have the advantage of being reusable, you can hook them up to a solar panel or a small wind turbine and get power for your stuff in the field. The green-ness could also be a consideration. I suggest standardising on one size (or as few sizes as possible) to keep flexibility. AA size batteries are good for size and power output though getting a few leisure batteries could be useful in a more permanent (or less temporary) base. There is a caveat however. Rechargeable batteries have a limited time before the chemicals go bad and they fail to hold a decent charge. Consider them short term investment and don’t store them, use them.

Depending on how paranoid (or concerned) you are about your water supply, some sort of filter is also a wise choice. Folk are putting very bad things in the water these days, fluoride, lithium and there are prescription drugs detected in places.

Highly taxed goods such as tobacco and alcohol may be useful to barter/trade with though tobacco has a shelf life and isn’t as useful as alcohol.

Shelf stable foodstuffs are another valuable asset. Items such as grains, dried and canned food are easy to store and you will thank yourself for preparing if/when civilization collapses.

I would recommend also investing in skills. Even though they are intangible, the results of them can be used to improve your living and even gain regular employment. Getting a driving license is one that immediately comes to mind.

Just some ideas I’m putting out there. If anyone has any other suggestions please feel free to comment.

Comments

4 Responses to “Unconventional Investments”
  1. Pig Monkey says:

    The majority of my investments are toward mobility, as that is where my interests lie. On the sedentary side, though, I think two of the best possible investments are a water filter (AquaRain or Berkey) and cast iron cookware.

    Cast iron is probably the healthiest thing one can cook with. All it is is a big hunk of iron, and so it doesn’t contaminate your food with any of the crazy carcinogens found in much modern cookware. In fact, a cast iron pan will leach iron into your food, which is a good thing — especially if you’re pregnant! It has excellent heat retention, which means you can cook with less energy that what is required for other materials. But more importantly for the investment side of things: cast iron will last generations. Not only does the stuff last forever, but, unlike most all other investments, it will actually gain value with age. As cast iron cookware is used more and more, the seasoning on it develops into a higher state, which increases the value.

  2. Geddonia says:

    Honey is pretty good to have with you; it doesn’t go off despite the ‘use by’ date on the jar (it crystallizes which can be undone by heating it) and is an immediate supply of carbohydrate that is readily absorbed into the bloodstream; Levulose one of the main constituent parts is the most valuable potential energy creator for the human system because it is an excellent glycogen (animal starch) producer. Levulose absorbs slowly and does not cause rise in blood sugar (hyperglycemia) which is the reason that it can be used by diabetic patients.

    Batteries in their current form, not as useful, but there are new batteries on the horizon that have capacities that will put today’s batteries to shame; http://www.sciencedaily.com/releases/2009/05/090518111731.htm

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