I don’t give financial advice. I just love teaching people about money and finance. I have always been fascinated with money and the overall financial industry. I still remember at the age of six auctioning off my Christmas gifts. I don’t even remember what I did what that money or how much I made, but I got hooked. I loved the exchange of value that transpired when I auctioned off those gifts.
I have found over the years that most people work for money. I prefer to work for value. The more value you can produce the more money will follow that value. I would suggest that is productive and higher form of “work”. Most people are content not adding value, but simply working a routine that they have been taught and being compensated for that. One is an employee who works a specific job, and the other is an entrepreneur adding more value with the goal of creating more cash flow.
The definition of money is an exchange of value and a store of value. Most people work within the exchange of value sector. They provide a service or do a job and get compensated for it. The store of value sector can be the most profitable if done right. It is all about acquiring assets.
Acquiring Assets is important because it builds your wealth. Cash is trash so simply keeping your portfolio in cash is dangerous. Therefore, assets are so important because you need to the find the best place to store your value. I am a big proponent of Bitcoin as I see it being a future powerhouse, but I also see the value in traditional commodities. I like Gold, Silver, and Copper to name a few.
I have followed many investment gurus over the years and one of them is Jim Rogers. He talks a lot about commodities. Rogers is a big proponent of Silver and recently he has talked about copper and agriculture. He shares that one of the reasons he likes copper is because of its usefulness in electric cars. The electric car industry is still in its early stages and with its growth could come substantial increase in copper. Rogers also loves silver because of Silvers usefulness in solar panels. Silver has an industrial use that is important.
I am a big fan of agriculture and I see a bright future in agriculture. People should take note that when some of the richest people in the world like Bill Gates are buying up farmland. It is a good indicator they see something others don’t. Why is agriculture so promising? Agriculture is a great hedge of protection because it has intrinsic value. Rogers also shared that it has very little correlation with the stock market. Agriculture has shown that it can offer higher risk-adjusted returns. It also has a good use case because we will always need food to eat.
What is the common thread between Silver, Copper, and Agriculture? One word… USEFULNESS. These three assets have been proven to have a use case that can be profitable in the future. I am personally taking note of all three of these assets myself.
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