Where's the smart money?

[perfor8]

Equities? Guns? Real estate? Precious metals? Bonds? If you inherited a chunk of money today, where would you put it? Anyone else think that a massive migration of wealth could be in the future? Where are the opportunities?

And, no, I didn't inherit any money. This is a hypothetical question for purposes of discussion.

 

[Traxxis]

If I inherited a large chunk of money, I would share it with a nice guy that sold me an old shotgun.

hehe.

 

[perfor8]

I think you meant an old guy that sold me a nice shotgun.

 

[Istandalone]

collectable musical instruments and real estate

 

[Traxxis]

I think you meant an old guy that sold me a nice shotgun.

lol, nice.

 

[BoomerShooter]

one word - GOLD

 

[Old Fart]

In my smart pocket.


Land....they aren't making anymore of it.

 

[ocphy]

depends on how large the chunk of money is... If large enough I would buy a mix of things: silver, maybe some gold, land, guns, guns, always wanted to play the stock market but never had the money to do it.

 

[JRSherman]

If I inherited a large chunk of money, and I'm assuming large to be >$500k, I would invest it in some deep country property, preferably south facing with running water and wildlife.

Afterwards, I'd build a real nice sheltered cabin type house against a hill, close to the water supply and with a nice big room behind the house, in the hill side, and able to be closed off entirely. Granted, I'd have an exit from it to the area outside of and away from the immediate house, in case of tornado.

After I got that all done, all the crazy requirements-guns, ammo, fuel, long term foods lol.

 

[4play]

In my smart pocket.


Land....they aren't making anymore of it.

True, but they will tax it until you die, and can take it whenever they want.