diamonds guns bonds and exxon stock ...
Really? I mean, really really?
Diamonds? Man.
Bonds? Excuse me.
Guns? What an investment is that?
Exxon stock? How about some ENRON? Heard they did great in the past.
-hardest known material with industrial application plus shiny for jewelry ... people do still get married yknow ... they have gained in value ... though not rapidly and not recently ... less than 1% of net ...
-bonds have made me money as well roughly 0.5% - 1% a year ... safe easy money i don't need to pay any attention to ... make up 1-2% of net ...
-guns is more of a collection ... some would count as antique art ... the others serve to protect the physical metals and yknow ... my person ... cops won't help you in a home invasion ... have you ever had a gun held to your head ? ... i have ... so i consider them money well spent ... the value of firearms have actually increased quite a bit as material costs have gone up and manufacturers jack the prices up accordingly ... maybe 2% of net
-my exxon stock has split 4 times since i've owned it and gained in value double digit %s as well ... exxon is last i checked the largest global petrochemical / energy company in the world ... not just oil ... large industrial infrastructure extremely different from ENRON which was basically an improperly (illegally) run futures trading market ... actually exxon and enron couldn't be much more different ... it has done very well so well i rarely check it ... 5% of net
... 15%fiat/btc never greater than 10:1 cash:btc ... 1% diamond 1% bond 2% gun 5% exxon 5% gold/silver ... with the remaining 70ish% real estate (which has tripled since grabbing all of that after us real estate bubble burst in 08/09) ... i'm doing just fine with my almost all solid physical conservative investments ... don't you worry about me ... i'm at low %s on the slow stuff ... low %s on the speculative ... mostly real estate and well timed ... but seriously i wish you luck if you've got more than 50% of your money tied up in a speculative ledger currency that has established the bulk of it's value in the last couple of years ... don't take your eyes off the screen ...
Having a bit of FIAT : OK
Real estate after a crash : OK
But please, don't advice people to buy things like diamonds, guns, bonds and stocks... please, this is ridiculous and terrible advice.
If people want to diversify, they can buy some gold and silver when it's low.
It is typical for a btc holder to advise buying silver. Silver had a bubble, crashed back to its reasonable value a few years ago, and has been there ever since. Money bought in on the way down, similar to btc is now sitting there waiting, aka holding forever. The only difference is silver is time tested so one day it will go up, btc is not.
Stocks and bonds are bad to buy
lmao
Guns, I have to say that is ridiculous. You can make a fortune buying guns before any ban, election, or other fear mongering, or you can get completely fucked if they outlaw the sale of a weapon to others.
Diamonds, I don't know shit about, but to me it seems like you'd get screwed or be unable to sell large amounts of diamonds. It would be badass though to have a nice diamond collection.
But the rumor comes from some bitcoin news site, so it must have been seen by many more people besides the reddit audience.
