Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Basing your investment strategy on being smarter than everyone else is generally a brave choice.

Betting on the collapse of global capitalism is definitely brave, despite what the echo chamber may say. You do not have any clue where Western Civilisation or the world economy are headed.

Which makes concrete plans beyond five years pretty much pipe dreams anyway  ...

by Colman (colman at eurotrib.com) on Wed Dec 30th, 2009 at 05:36:39 AM EST
Well, that's the heart of the dilemma, isn't it?

As I said, I'm not quitting my job to go live in a cave.  That would be stupid . . . right now.  Maybe later.  But not now. :-)

But it's really, really hard to decide whether getting use value out of my money now, when I know how much it's worth, is a good idea or not.

by Zwackus on Wed Dec 30th, 2009 at 05:46:00 AM EST
[ Parent ]
With that kind of cash flow and spare time, you could invest in yourself and get busy shaping the world you'd like to see, while preparing yourself for one that may likely happen.

Work on you personal physical fitness -- building up your health while young will help you survive civilization collapse and or climate change.

Work on your language skills -- there are going to be more hospitable places with climate change than others... northern Scandinavian countries, Siberia, and northern Canada may be the best places to live in 30 years time. How is your Norwegian? Maybe buy land above sea level in the northern climes?

Work on your post-collapse skills -- can you do anything by hand? Grow or preserve food? How about carpentry or blacksmithing? Sewing, weaving, or anything to make or mend clothing.

Work on your green skills -- bicycling, personal solar, wind investments, or anything else that you think will make a small difference.

Work on your society skills -- find a cause that you see as good and donate your time and money. Meet people, work together, and help them.

by Magnifico on Wed Dec 30th, 2009 at 06:06:18 AM EST
[ Parent ]
Good suggestions, and doable.  I've actually been considering moving to a more rural place, so I could practice those things more while still working at my current job.  The downside of that would be that I'd have to give up several of my current hobbies which require a more urban situation.  And the current job doesn't leave all that much time for anything, but that's just something to accept these days.
by Zwackus on Wed Dec 30th, 2009 at 06:52:01 AM EST
[ Parent ]
Of course, don't forget to work on your post-non-collapse skills as well.
by Colman (colman at eurotrib.com) on Wed Dec 30th, 2009 at 06:57:42 AM EST
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Somebody had to do it :-)

Obligatory Dmitry Orlov reference:  Thriving in An Age of Collapse

A couple of years old now, but it holds up pretty well imho.

The difference between theory and practise in practise ...

by DeAnander (de_at_daclarke_dot_org) on Tue Jan 19th, 2010 at 03:06:33 AM EST
[ Parent ]


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