While I’m not familiar with your individual circumstances, as everyone’s life situations are different, you do mention that you are older, so I will tell you what I would do if I could not own any single family properties.
•As you can see I am not a fan of REITs, but there are other alternative avenues that are emerging. In terms of SFR’s, there are companies that are being set up to invest directly in properties and other passive smaller investors are able to contribute to particular properties. I know Jeff Bezos has formulated such a vehicle. I guess there are advancements being made with other types of crowdsourcing, but the key is to directly own the asset, if possible. Direct ownership is key, because that affords the holder with all of the tax and discretionary benefits that this form of ownership provides.
Farm and ranch land
•Directly own farm and ranch land. I observe how the wealthy continue to scoop up large swaths of unimproved farming and ranching acreage around the country. The vast vast majority of individual investors will never endeavor such avenues, because of social proof. They don’t know of anyone who buys this, but I know there is farmland in Virginia where I am buying that owners lease out to ranchers and farmers. While the yield may be lower then what we could achieve with an SFR, these types of land parcels continue to escalate in value and internal rates of return will be high enough, because the investor will make money on the back end as the asset appreciates.
Money market funds
•For risk averse or simple older folk who do not wish to be actively involved in any investment, I can’t help but notice the tasty yields we are receiving in money market funds; at least 5%, risk-free. That should help us overcome inflation without having to do any work and planning, and I don’t know if the Fed will ever be able to lower interest rates again for a long time.
Inflation-proofing for the long haul
•Concentrate on inflation proofing your Investments. For the past couple years, I have been warning my readers to prepare for much longer periods of elevated inflation than what we were being told, because this inflationary cycle was intentionally established by the governing authorities.
Cost of living crisis
•I’m observing that oil and commodities are rising out of their intermediate channels, which tells me that inflation is nowhere near solved. I submit that inflation is going to continue to simmer and persist until the end of the decade. This seems to be an objective of the globalists moving out to 2030 and the Great Reset. These globalists will provide no solution to the “cost of living”:crisis. In fact, the mainstream press have coined this crisis the “Cost of Living” crisis. For the faint-hearted and risk averse, this will indeed be a crisis. For the older folk out there, risk aversion will be your undoing. You, as an older investor, must have your mind around this new reality and not be fearful.
Firms with inelastic demand
•I recommend stocks that can continue passing along their expenses to the customer. In essence, these firms provide goods and services in which the demand for their revenue is inelastic. This is why many of the large tech companies have prospered at the expense of their customers. Anyone who has been invested in the tech sector and stocks like Walmart and the XOP or XLE have done very well.
Domestic energy sector
•Look at ExxonMobil and the XLE, XOM has more than quadrupled since being pulled from the Dow Jones index, when I recommended buying it for the first time. At the time, it sported a yield of 9%. The energy sector still provides an amazing source of potential wealth given what the Biden regime and Western governments have been accomplishing to subjugate their populations with electric.
Stay away from inefficient firms
•I would stay away from all of the green energy sectors as they are very cost inefficient and are only being propped up with federal government subsidies. Picking the right ESG stock is equivalent to gambling on the slots. Stick to predictable Blue Chip stocks with decent dividend yields as the world continues to consolidate and coalesce around these companies.
These have been my marching orders for my readers since the covid stimulus packages were announced in March and April of 2020. Anyone who has listened to my advice has been able to do very well with little added risk.
Fiscal deficit spending is killing bond holders
The Great Reset will be built with fiscal deficit spending amounting to the tens of trillions over the next six to seven years. Thus, fixed income investors as well as taxpayers will take the beating. Invest in short-term fixed income paper like money market funds and minimize your tax burden. I continue recommend staying away from longer dated bond holdings.
investors cannot be scared and continually looking over their shoulders in order to make money. I’ve been recommending passive Investments like stocks and all the other recommendations since early 2020 when the covid stimulus programs were announced. Heck, I recommended all sorts of assets at the time, and still do. I just hope you have been listening.
Despite the constant fears of asset bubbles, there will be sectors that will continue to power through all the way to the formal introduction of the Great Reset. Older investors need to come to terms with these realities and if these older investors are too risk-averse, they’ll be the Great Reset’s worst victims.
But if we understand this conspiracy, we shouldn’t be fearful. We have been able to predict the future, because we know what is entailed to achieve these globalist objectives. It really is a straightforward process when we know what it takes for the Great Reset to be achieved. Just don’t drown me out in a sea of stupidity.