Thanks Nick and Lisa. I certainly can use your advice on this subject. I’ve taken some downturns in the past that took years to overcome but I’ve learned valuable lessons from it. It’s important also to get advice from a very reliable source that cares about you and is not looking for self interest. Thanks for sharing your experience.
My Dad used to say, yes, land is valuable, (they’re not making any more land). This video definitely is one of wisdom. My personal expression is when I am faithful in my returning to the Lord what is His, I don’t need to worry re: finances. God bless you dear people. ❤ you.
In a serious financial crisis... perhaps going back to the "old days' where bartering is a manner of exchange that works better than cash... having skills or products like veggies, fruit, nuts, or maybe fuel like wood for warming or cooking... water? I know a lot of folks that do not have access to pure water. Money has been "programmed" into us as the only thing to TRADE.. maybe it's time to think outside the box????
Not familiar with those. Interesting, but in order to be of value, they would have to be trusted enough to be accepted by places you need to do business with. But it's an interesting concept.
As an alternative if you have your own business, you could open a self-directed 401k or IRA and invest in things other than stocks, such as businesses, real estate, even gold or silver potentially.
I think that Land is a better investment than the stock market. Even if you have to pay it off with interest… Raw land can very well gain way more than what you pay for it including interest…
Agreed that land *can* be a better investment. But you have to be careful. With the prices sky high like they are in many areas right now, it's very easy to end up with the value being less than what you paid in a year or two. But still, it's "real estate" so it's still going to be worth something.
@@TheReadyLife Exactly! I have been looking around the country for land that is not quite as expensive. There is some still available and in smaller pieces so that it would be easier to buy and sell than larger and expensive pieces…
Thanks Nick and Lisa. I certainly can use your advice on this subject. I’ve taken some downturns in the past that took years to overcome but I’ve learned valuable lessons from it. It’s important also to get advice from a very reliable source that cares about you and is not looking for self interest. Thanks for sharing your experience.
My Dad used to say, yes, land is valuable, (they’re not making any more land). This video definitely is one of wisdom. My personal expression is when I am faithful in my returning to the Lord what is His, I don’t need to worry re: finances. God bless you dear people. ❤ you.
Silver is great because it is a precious metal that you can trade if the Dollar goes away, but also it can be used to make colloidal silver!
And it's a smaller denomination, where you could use it to buy smaller items.
In a serious financial crisis... perhaps going back to the "old days' where bartering is a manner of exchange that works better than cash... having skills or products like veggies, fruit, nuts, or maybe fuel like wood for warming or cooking... water? I know a lot of folks that do not have access to pure water. Money has been "programmed" into us as the only thing to TRADE.. maybe it's time to think outside the box????
So true! I think bartering would be a good thing to add to an overall strategy.
What do you think of Gold Backs? Originally made in Utah, gold infused fiat.
Not familiar with those. Interesting, but in order to be of value, they would have to be trusted enough to be accepted by places you need to do business with. But it's an interesting concept.
As an alternative if you have your own business, you could open a self-directed 401k or IRA and invest in things other than stocks, such as businesses, real estate, even gold or silver potentially.
That's interesting! Not familiar with that so will need to look into it. Thanks for mentioning.
I think that Land is a better investment than the stock market. Even if you have to pay it off with interest… Raw land can very well gain way more than what you pay for it including interest…
Agreed that land *can* be a better investment. But you have to be careful. With the prices sky high like they are in many areas right now, it's very easy to end up with the value being less than what you paid in a year or two. But still, it's "real estate" so it's still going to be worth something.
@@TheReadyLife Exactly! I have been looking around the country for land that is not quite as expensive. There is some still available and in smaller pieces so that it would be easier to buy and sell than larger and expensive pieces…
A yr of coffee. The rest can be worked out
🤣