Buy my book! Out now! Guaranteed to make you poorer, by at least the purchase price.
The "Get Rich" book has been a staple of the self help book industry.
And many of them are actually very, very good.
Some good ones:
- Think and Grow Rich
- Rich Dad / Poor Dad
- The Richest Man In Babylon
- Your Money or Your Life
And i would suggest reading them to break out of the paradigm of lies you have been told your whole life about money.
However, i do not suggest following any of their investment strategies.
Because everything is about to change.
What we value as assets now, will not be what is valued in the future.
Investing in Crypto
The best example, the one everyone on this platform knows is crypto.
We all believe in crypto. That it will go to the moon.
And it will, as we actually develop space ships.
But really, the entire financial system will be completely rewritten.
Like, how do you lend money? Actual, deflationary money. As in, if you get paid back, it is worth more than when it was lent out.
What do we do when we see that interest on lending means you have to rob from someone to get repaid.
(as in, if you put an ounce of gold in the bank at 4% interest at the time of Jesus, you would own more gold than all the gold in the world)
Crypto isn't just going to make all of us early adopters rich, it is going to make everyone in the world rich. The standard of living will go up everywhere because or real money having real wealth storage power.
Gold and fiat will just go away, like buggy whips when we have flying cars that run off of permanent magnet energy. They will just be that far behind in technology.
Investing in real estate
I have written before how we are about to have a huge die off and an ice age, and that will make suburban housing worth nothing. So, this time, there will be a crash, and no recovery. Well, maybe there will be a recovery, as the dead cat bounces on its way to zero.
But this isn't all. It will be an inversion in who owns the land.
It will be more like, the land owns the person.
If the person is a good caretaker of that land, that person belongs with that land.
And there is lots of land out there. A single person cannot take care of much land.
Electricity and internetz will be available everywhere, so you do not need to cluster in cities to have the "modern conveniences", so, you can go out and find land that doesn't have a caretaker and start taking care of it.
And, most likely, you will not do it as an individual, but as a group. A small community. A tribe.
These will be dotted around the map with lots of space in between.
Real Estate, as a concept, in the future will seem strange, and quite barbaric.
Investing in New Technologies
We are so .... we have our minds bent into pretzels that we think that investing in new tech means buying Tesla stock.
No real innovations have ever come out of big tech firms.
It has always been developed in garages. Big Tech has only made it more widely available, with prettier packaging.
In fact, we will discover more and more the big corporations of stifled innovation. That govern-cement has squashed innovation. And we really need to get rid of these horrors.
So, all the "tech firms" will see their stocks plummet as real technology comes on-line.
Tesla is a horrible firm. Have you read what Musk did to the guys who really started Tesla? The real engineers?
And really, Tesla is a govern-cement enterprise. It only exists because of govern-cement money.
Watch for the new stuff. There are a lot of geniuses out there that really just need a workshop.
(why are workshops so damn expensive? And why can't you sleep in them?)
So much opportunity
There will be so much opportunity showing up in the coming decade.
But it will not be what it was in the past century.
That Rolls Royce will make a lovely garden planter.
That coop full of chickens means you won't starve.
Everything that relies on huge industry and govern-cements will turn to dust.
Connections with other groups will pay huge dividends as the synergy between what your group makes and what their group makes, makes the world a better place.
Restaurants will probably cease to exist
But someone who cooks a big meal for everyone will be highly prized.
Maybe instead of going out to eat, the eats will come to your block and set up a feast.
This is just to say, look for new opportunities.
The old brick and mortar stores were destroyed by the internet.
But now we can really build enterprises that are huge, but only really connected by people connections.
The old stuff is going away.
That IRA is toast... and not the kind you can put avocados on.