The old adage is that if you diversify your investments will be safe. However, the old method of diversifying: Stocks, Bonds, Utilities etc., just are not safe anymore. Stocks are hyper inflated, bonds are stretch beyond belief and Utility companies like Enron go belly up. Even Pension systems are unsafe, see Dallas Police pension.
If the Dollar takes a dive, all the items valued in dollars could be seriously impacted. So how do you invest safely now?
Today, I would recommend diversifying but with a modern twist or two. I suggest these investments: Gold, Silver, Lead and Heirloom Seeds. These won’t be much good if you don’t have them in your personal possession so I recommend storing them near you. Also, if you are in a big city, get out now! If things go bad, it will be ten times worse in a big city.
Is our world so dangerous and on the edge? Maybe not but a good diversifying strategy does not squander your resources. These will all still be valuable even if nothing immense happens. However if something cataclysmic does happen, well you get the idea.!
We went with land, water, food, bitcoin, bullion. In that order
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I thank you for your bitcoin addition. I would also say Etherium, LiteCoin and perhaps Dash or Montero. My Crypto cash has doubled in a month. Great catch.