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PART IV: PORTFOLIO CONSTRUCTION

ACQUIRING WEALTH = ACQUIRING ASSETS

An asset is anything that puts money in your pocket, whether you work or not, the list is much smaller than one might think.

  • Physical Gold: American Eagles, Canadian Maples, along with 14k and 18k jewelry.
  • Physical silver: Silver Eagles, Canadian Maples, along with 10oz generic silver bars for stacking. Remember the basics for stacking metals.
  • Physical Platinum or Palladium: American Eagles of any denomination will do.
  • Rare or Numismatic Coins: buy some, but don't go overboard, and when you do buy, stick to the higher-end stuff like a BU 1880 Morgan in great condition for $38-52 currently. Maybe stack 25 of various years/mints
  • Bitcoin: lots of it. Use dollar cost averaging and allocate monthly.
  • Alt Coins: like Ethereum or Chainlink
  • Gold Jewelry: White gold is just gold plated with rhodium. Rose gold is just yellow gold mixed with copper. All gold is yellow gold at the end of the day, but stick to stuff that is more than half pure gold (I don't waste my time with anything less than 14k gold)
  • Sterling Silver: is dope AF, especially during pandemics because it is antimicrobial.
  • Platinum Jewelry: very expensive because it's pure platinum.
  • Diamonds: pressed carbon--scam alert. Not scarce at all.
  • Stocks that Pay Dividends: You won't even want to be selling these in retirement, because by that point, your dividend payments from stock should be larger than your social security checks. See next next section.
  • Real Estate: If you own a home and rent it out for positive cash flow, you can make truly passive income. Especially if you go through a property management firm, giving you a more hands-off approach. Additionally, depreciations and deductions can greatly reduce your tax liability. You might even show a loss for the year, and pay no taxes at all.
  • Bonds: Don't need 'em, but do learn how the bond market works. More on how it works, and why you need to know later.
  • Fine Art: Fine art has performed on par with the S&P 500 since 2004, and certain segments of the space have more than double S&P 500 performance in that time.
  • Rare Collectibles: Your grandma's Tiffany Lamp, your holographic Charizards, your great grandfather's grandfather clock, etc.

DIVIDEND ARISTOCRAT STOCKS 4 LYFE

Drop $250 in each, and set dividends to reinvest. Rebalance 1-2 times per year max (take profits on some of your outperformers and feed them into your laggards).

PRO TIP

BUYING METALS

Buy local. Pay cash. Make the smallest
possible paper trail. When that's not feasible,
the reputable online dealer of choice for this
perimeter monkey is JMBullion.

PRO TIP

STACKERS NEVER LOSE

Stacking, trading, and investing are completely different games, but you should play them all. To stack is collect anti-debt units, in a world where even the dollars in your bank account are really nothing more than units of debt (aka Federal Reserve notes). You may think you own the dollar in your pocket, but they really belong to the Federal Reserve system, and their value and purchasing power are ultimately at the whim of central planners and politicians. Whenever you purchase and take delivery of physical precious metals, this is money that own now, doesn't belong on a network, and carries zero counterparty risks, meaning it can't be taken away or defaulted on by someone else. Stackers never lose.

 

 

 

PART V: PREDICTIONS

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