Well it's obviously property for me! I've got no plans on selling my house, and that's where most of my wealth is, even though I don't count it when I track it.
I think you probably already know how I'm diversified - besides property it's roughly 50% shares, 20% P to P, 15% cash and then 15% crypto, although the crypto is now more like 50% of my wealth, or something like that, It's hard to tell with all these fluctuations.
If I had $100K right now I'd spend...in order of priority...
$60K on some land in Portugal, $10K to kick start a building project.
$10K on crypto of which 40% on Hive and then 50% on - BTC/ ETH/ LTC evenly and probably 10% to max out some of my Splinterlands cards
$7K in the bank just to spend, I'd probably put £1000 on some crazy accumulators once the sport starts back up.
$8K to spread across shares/ commodities/ P2P, although I might hold off buying shares.
$5K to pay someone to professionalize and SEO my Revise blog.
Hands down, it's land as the priority.
I really wish the post didn't blow up on me when I moved that image in, as in the first text I was clearer that you get one asset, not all this very sensible diversification business!
The majority is on land, although not in the UK. I know you are interested in Portugal anyway, but land/property in the UK at present, not looking good on a 3 year time-frame?
Good luck with your set-up :)
If I didn't have a house already, I'd probably hold off for a little while. I can imagine prices would go down in the medium term.
If we get inflation and interest rate rises, that's a sure sign to wait!
With all the uncertainty, even more of it, coming, I'd definitely use that $100K to buy something that gives me some stability - land, a well, a house, some food, wifi, sorted!
I'm still waiting, 20 years now :)
You could get all that for 100k in Portugal?
@eco-alex has been quoting figures of £3-£7K for basic land in the central region.
Very cheap sounding. Would like to be a bit further south though, or it might end up feeling too much like home :)
Not at all - I've had my eye on the region for ages - Penamcor region - there was a Permaculture community around there I was looking at heading out too, funnily enough called 'The Hive' - it's since folded but now by extreme coincidence there's Hive people moving out there and settling - lots of little plots of land for sale by the locals - building regs might be an issue of course, but I think it's the only region where a low impact living strategy is going to be feasible for a very low price.
it is very British/ looking, but a bit dustier and with olive trees, and enough rain. Given what I want to do, crucial. And good internet too, apparently.
A strange coincidence indeed, could be a sign!
Olive trees and good wifi, now we are talking :)