Hi ski,
I do believe that owning a piece of American equities and the substantial cash flow that follows is surely the best hedge against inflation for paid for assets/investments.
I'd put commodities next, but basically are much more leveraged than equities are - so I stay away.
Utilities and infrastructure in the USA,which seem quite steady, AND IF they have their debt within sector norms, often are the best at developing huge cash flows and that helps keeping your revenue hedged to inflation through dividends.
If one gets over invested in equities, I'm keeping 30% cash for in case a BLACK SWAN EVENT occurs.
I'll double down on depressed equities and invest in some distressed rural farmland. Farmers complain a lot about how expensive farming is (and they do suffer at times with commodity pricing). That being said, they know their commodity has perpetual demand, as long as we all have to eat.
If we all disappear, our money and assets won't matter.
Hope you are enjoying the beautiful fall blue skies and sun. A perfect 70 degrees outside and mornung temps dipping below 50 in the early mornings.
Garden slowing down and only tomatoes to harvest - leaving them on the vine for as long as possible tofurther natural ripening.
The first frost historically comes on October 5th. So we are hopeful of another protracted "Indian Summer". It appears our Wisconsin is benefiting from Global Warming.
Our remodel here in Wisconsin begins next Monday. I have completed the demolition of the entire lower floor.
Steel support beams begin install on Monday. Expected to take 4-6 months for the entire remodel of the lower floor. Spring time we'll add a Great Living Room on the top floor, which will make some room for our Houston Furniture. Slowly tiring of having two homes, but fighting it, with a Plan B to be completed.
Bob |
