I buy multi use items.
for example I am shopping for a TV antenna right now with FM capabilities.
there are some that go 150 plus mile range, with FM ability that can be helpful in an emergency.
but to buy a HAM radio, especially when I have no desire (at least right now, nor time) to be licenced, and to practice it.....
is a waste of time and money.
for example
Right now I am eyeing TVIX and AMOT as short term stocks in morning.
probably TVIX for a few hours.
TVIX I think went up over 4% today alone.
every day the market loses, the futures index spikes.
so it's inverse to the market, sort of like bonds are and some commodities traditionally have been (but not of late)
so say you invest in this type of transaction just 2 times a month, very possible seeing that this happens numerous times a week. with differing strategies.
That is nearly a 10% gain a month, and over 100% increase per year of net worth.
in 10 years that's 1000% and in 25 years thats 25000 percent.
(see below)
now, if there are funds making money when the market is losing or diving, then it's wise to put money there, instead of candles and incense.
( I mean take a basic supply of those things, but I recommend something more dual purposed, like the above antenna which saves money on cable fees, while prepping. Or leasing solar for your home, or buying it. That can put value and equity in your home while you pay no more for electricity than you would normally. If you cost is high for electricity then the value for solar is increased. (however we are low on electricity, so not practical for us).
that would be another way to dualy prep and save money at same time.
you don't want to simply prep, and have a garage of ammo, and generators, and flashlights and military outfits. (reminds me of the michigan militia), which has been raided by FBI numerous times.
I believe in gun rights, and all that. But not to that extent, nor do I think it brings a postive look on doomsday christians. (we have enough negative feedback on other issues) we don't need to add prepping in a wierd way to the list.
Jesus himself said, the "bird takes not thought" meaning that they don't worry about tomorrow.
We should learn from Christ's words.
Now my investment advice is simply to increase net worth, to reduce borrowing and debt, and to increase charitable donations as well.
a blessing from God, when we are wise stewards (in the parable of the wise steward, the immediate context is money, the secondary and spiritual context is of course being wise with God's gifts and calls on our lives)
check this chart.
tomorrow AM about 7am-8:30 pacific, this stock will go up or down consistently based on if the SP500 is on a bull day or a bear day.
if the SP500 goes down, I buy into the below, if it goes up, I buy whatever stock is spiking, last few days it was KBIO I believe as it created an alternative to morphine.
Futures stocks to watch when SPY dives (spy is more stable because it is high cap, and as it goes down, the futures stock rises....see below, today is a perfect example
compare the green line to the blue line (shaded), the green line (spy) took a small dive, and the blue line spiked. That is a trend that is predictable, and lots of money can be made with that. Then on good market days you buy the oposite, or whatever a high volume stock is, I believe Googl, and Goog, Sketchers, FB, and some others are good value stocks, on the good days.