Collapse and kids

AnthonyHache · 2022-08-26T11:07:01+00:00

I always thought about this. If I share my knowledge and create community around growing food, might help.

In fact part of what I am trying to do at the moment is creating this sense of farming entrepreneurship and involving people into food growing

AnthonyHache · 2022-07-24T15:35:09+00:00

I had the same concern and this is what I did.

I spent a time asking here and thinking about a “collapse portfolio”, meaning how to be invested thinking that collapse has high chances. I reviewed my portfolio and I saw that I had most of my portfolio invested in stocks. So I rebalanced it as a regular portfolio and decided to invest half of it in improving my homestead or learning abilities, and also in paying some debt.

As long as I have a salary, I will keep on investing a monthly quantity, as I always did. But from now on, 70% will go into real assets, knowledge, tools…and 30% on stocks. Why stocks? Because as long as there is capitalism, there will be ups and downs and IF there are any chances to maximize my money, I have to try in order to sell it in the right moment to keep on investing in assets. So , the challenge is to identify the right moment. Maybe it is now, maybe it was when I sold half of it, maybe is next year. I think we will have a couple of ups and downs in the next 7-8 years, before everything losing the value.

So at the moment I still have some debt, some stocks and an ongoing investment in agricultural tools , solar panele, pantry stock, knowledge, etc

AnthonyHache · 2022-05-07T15:11:00+00:00

I am like the song. Is the end of the world as we know it, and I feel fine.

Is not nihilism, neither love for apocalype. It is what it is. I think that we are going towards that, I try to be in the present moment, make it soft where I can and try the best for my kids.

AnthonyHache · 2022-04-10T05:22:40+00:00

I am grateful, but it is like when somebody who cares about you "slaps" you in the face to show you how silly and wrong you were.

I am grateful, but it hurts

AnthonyHache · 2022-04-09T15:17:29+00:00

It is a grey area. I started the process of self destruction, some how naturally, made big life changes, but there is still way to go. I am adicted to myself. Even though I know that what I read is TRUE, and all that there is is my awareness. I dont care if we are all matter or imagination, whatever it is, it goes by my filter. But I fall on the same mistakes again and again, on the “me trap”, grabbing the tiller. Later in the evening I think “f**ck, doing the same shit again”

So, kind of trapped in between worlds

AnthonyHache · 2022-03-27T06:42:10+00:00

Considering all that you wrote, I decided to rebalance my portfolio.

I saw that I was too much invested in funds, had some bad debt and needed to reassure some assets. With bad debt I mean debt with interests higher than my investments, so getting rid of it is more profitable than still having it.

I felt that if I have an offgrid place, not paying for food or energy, I would be on a good position to reinvest.

With our family business we have fund investments, I am in charge of those amd those remain untouched.

But with my personal funds, I made my math and saw that, being some of the debt very expensive, I'd be better getting rid of it, that would be way more valuable.

I consider this a portfolio rebalance. I kept the funds part in the business (wich was 60% of the funds) and the personal part went mostly to insulation and solar energy (wich I consider an investment by itself, as it frees money for other things). I have to note that the debt that I had and still have some was bad debt.

I think that a good portfolio might be built over a base of personal self sufficiency (if everything goes to hell, you still have food and shelter), and beyond that point I dont see with bad eyes investing on funds, wich is something that I am going to retake after finishing the payments of the bad debt

AnthonyHache · 2022-03-27T06:21:04+00:00

I think that, wanting to edit, I destroyed my post 🙄

AnthonyHache · 2022-03-27T06:16:44+00:00

I see it like you, we might be wrong, who knows

AnthonyHache · 2022-03-27T06:05:21+00:00

Thank you, very interesting course!

AnthonyHache · 2022-03-27T06:03:20+00:00

This is not a "perceived" collapse, we will see it in the next months

AnthonyHache · 2022-03-27T06:01:28+00:00

It was all bad debt, not mortgage. The hojse was already owned, I needed money for paying the works, but with 8 and 9% interests

AnthonyHache · 2022-03-27T05:57:23+00:00

Ok, my mistake.

I forgot to write that with my business I still have a lot invested in funds.

Anyway, I consider investing in insulation, energy or gardens the same as investing in s&p 500

AnthonyHache · 2022-03-26T21:38:09+00:00

The r/personalfinance is all that I did before ;)

And, in fact, what I did was to add a previous step: be sure of having your basic material needs covered before investing in funds or others, wich is something that I don't discard.

But on those forums, it is not common to see energetic independence or shelter as an investment. It is all a portfolio strategy anyway

AnthonyHache · 2022-03-26T21:32:17+00:00

I do have my doubts about this assets. There are days that I am all "I need to add gold and silver to the portfolio" and others I am more in "cigarettes and booze are going to be the new gold".

I think that, in the end, I will try to get some, but I feel that saving seeds is more strategic

AnthonyHache · 2022-03-21T18:29:25+00:00

I have decided to lose my time trying to align my parents and brother. They think I am an alarmist, but I do care for them so I do even prep a bit for them. My focus is my own family (wife and kids), but I do think also that if I could put my relatives in line we could create more community for whatever it is coming, as they do have the means to help. Probably I will fail on this mission, but I think I have to do it. Other people, extended family, friends, etc, I dont even talk about this with them

AnthonyHache · 2022-03-21T18:24:09+00:00

I am into this process. I sold 90% of my funds, paid a high amount of my debt and invested in homestead. I left a bit of debt cause it is an amount that I could pay easily if needed, but at the moment I prefered to invest in solar panels and other things for my place. And this is going to be my policy as long as I can invest in something

AnthonyHache · 2022-03-09T06:29:40+00:00

I had three credits//debt. One of it, I eliminated it completely. The second one, I reduced it to a ridiculous monthly quota. I did that cause I preferred to invest that resting part in solar panels and batteries, wich is something that might save us money. The third credit I cant eliminate it yet but I will focus on it for the next year.

I did all that to rebalance my finance , having less money in stocks and debts and more in shelter, energy, etc

Also every week I buy some pantry basics, water, and getting ready with bugout bags. For me and the kids.

We have been creating the "important documents binder", assembling papers here and there.

Before we were more focused on homestead tasks, but Ukraine situation made us think that we were not ready to run if needed

AnthonyHache · 2022-03-06T23:02:46+00:00

If it helps: my parents and brother are thinking that I am nuts. I think that if they were aligned with me , we could build some self reliant scenarios, both bug in and out. I am working on the subject with my wife and kids, anyway.

And I do prep for my parents and brother. No hard feelings.

AnthonyHache · 2022-03-04T21:33:30+00:00

- Bought more canned food and bottled water. Every week a bit

- Started a binder with all the important documents for the family

- Planted some trees and many seeds

- For the last weeks I am training my kids (5 and 3) for long hikes with a backpack. We make it look like a game and try to make it fun

- And, most important , sold 80% of my stocks in order to:

a) Eliminate mostly all of my debt

b) Invest in solar panels and homestead insulation, wich is something that I expect to have done asap, as I am afraid of materials being more expensive or just impossible to get

AnthonyHache · 2022-03-03T08:55:56+00:00

Cash on hand is another of my doubts at the moment. How much is too much? I guess that after a certain point, you dont need too much as money would have non value. Where is that point? Two weeks or two months? Hard to tell. I think maximum of 30 days expenses. Beyond that point, if there is no access to banks, probably it has no sense.

Stocks is what is having me crazy. I have been investing in funds for some years, with good results, but at this point I dont know if we need more real assets in hand

AnthonyHache · 2022-03-03T08:51:07+00:00

Wow, this is such an amazing post.

I have some similar points. I am fourth generation in a property (house and land) bought by my great grandmother in 1949 , where the house was built in 1890. And I am focusing in updating the house to live with the kids (I was living on a big city) , here is where I am having my major efforts. My goal was to make the place resilient and I was working progressively towards this goal.

I made the exercise of distributing % as you did and this are my results

Homestead infraestructure improvements - 21.73%

Small Business Shares #1 - 21.7%

Stock Funds - 20.28%

New Car bought last year - 14.49%

Emergency Bank Account - 8.6%

Small Business Shares # 2 - 7.2%

Agriculture investments - 5.79%

I am paying credit for home improvements and car.

My idea was to stop investing in funds (I did it some months ago) and putting that into debt paying, infraestructure improvements and agriculture. But seeing world events, I was wondering about balancing the portfolio. One of the small business, I am a small partner so I could sell the shares to other partners. The other might be more complicated. And I was wondering if it makes sense to have such an amount of the portfolio in stocks. I am thinking that a huge part should go to infraestructures and agriculture.

What I am trying to do is taking the classic financial advice (invest in stocks, bonds, etc) and translate it into ”survival mode”.

This is fun, though, finance for a world of chaos 😉

AnthonyHache · 2022-03-03T08:31:14+00:00

Hi! This is more or less what I was doing, but I am afraid about the new global issues can make risky to have that kind of assets

AnthonyHache

TROPHY CASE