If the next 20 years play out anywhere close to how the market has performed over the previous 20 years, I'll be golden.
The problem is that I have very little faith in the system. Globalists are getting desperate, and we know they're willing to burn everything down if they think they'll rule over what's left.
Obviously I can't just stick my money in a mattress because inflation would kill me. I own gold and BTC (combined about 10% of the total), but otherwise it's mostly in VOO with sprinklings in individual stocks.
I feel like my only real option is to let it ride and hope I can retire before the collapse. Even if the market only slightly beats inflation I'll still be set.
Anyone disagree and think there's a better option?
Owning land is nice.
Yeah that's definitely something I'm considering. I'm going to be in a transition period job-wise within a year, and I started researching the best places (for me) to buy land where I can build a small home. Or I might just buy a trailer tbh. I only need a few hundred square feet to live comfortably, and dealing with finding the right builder isn't very appealing.
And if I build a home I'd have to factor in resale value, which I assume would lead to building a larger home than I need/want. With the trailer option, buyers wouldn't have to worry about tearing down an existing structure.
Fair warning: Buying raw land with no homes on it is nearly impossible using normal banks. And while it may be different in other states with other banks, even land with a trailer on it is something they don't want to touch.
If you do go forward with this, you'll have to go to special banks made specifically for this, and they'll likely have a lower cutoff in terms of land-size.
Just giving you a heads up, if you've never had to purchase land before. My own experience was quite the revelation, and definitely answered some questions of mine as to why purchasing and building homes are so difficult nowadays.
I heard about that some time back, but had honestly forgotten so thanks for the reminder.