Which Hard Asset is right for you?

 

Hard Asset investing will likely become the asset of choice going forwards into the new financial era.  

Paper has run its course cornered by massive debt on the one hand which necessitates low rates and massive inflation on the other which necessitates high rates.  Either we settle for stagflation or we opt for a deflationary depression.  

Or a new system of commodity backed currency will be developed.  

As Commodities become the financial asset of choice, Hard Assets will become the smart "Beta" invesments of the future. 

So how to start?  Pick something you know and understand and love.

If you're a dancer for example and know nothing of finance you probably know a lot about dance.  Dance posters.  Dance related art.  Ephemera related to important performances and legendary choreographers.  First edition dance photography books.  Etc etc.  It is Real Stuff that has Real Value.  Start your collection now.  It will be fun and it will preserve your wealth better than paper or elctronic chits that have no real value other than as gambling instruments.

If you love history, coins and historical medals are a natural.

If you love sports, there's a whole world of sports memorabilia that is already extremely well developed.

Same for Entertainment. And Toys.  And Products like coke cans.  old surgical kits, computer games, hot sauces, hair lockets, space rocks, fossils, etc etc.

If you love something even more arcane, you will probably be surprised to learn how many other people are also into it, and into collecting Real Things related to it.

If you don't believe me watch Antiques Road Show or Pawn Stars some time.  Or go to the Heritage Auctions site and see the vast panoply of oddities fetching fantastic auction sums.

It's a growing segment that certain Hedge Funds and Billionaires are already into.  But it's in its infancy and will only grow as the world is weaned off its fascination with Imaginary forms of Money.