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by informatimago 3666 days ago
Don't hurry!

Take the time to think it out very carefully.

Evaluate the geostrategic situation.

What do you think the situation in the European Union will be in two, five, ten years, thirty years? Seriously?

Would you rather be living where you'd buy that house then?

Consider that it's rather highly probably that very soon the situation will be quite different. The Euro will probably not exist anymore (or it will just be the Mark under a new name). The European Union will either be mostly dismantled, or the situation for the citizen inside it will be very dire, both economically and sociologically.

I would definitely not want to own a lot of Euros nowadays. And I would definitely consider, for _SAFETY_ reasons, to be able to move fast and early, which means having NO immovable possession in the place I'm currently in (in Paris in my case, but that'd be the same on about most of the European Union Territory). On the other hand, I wouldn't invest on the financial market either (most currencies and bonds have a negative return, and share may crash at anytime the dollar or the euro crashes (they're basically playing chicken)). If you don't find something to invest into soon, then the only thing to store your wealth that seems safe and easily movable is gold.

You're still young. You could consider finding a safe place elsewhere in the world. It could be in Germany or in Europe, if you choose it carefully (but remember, almost all the Spanish territory was unsafe for 700 years). But it might be easier for long term to find such a place farther. If I was your age, I'd consider very seriously Russia, and their offer for free land in the far East. A good alternative would be Mars, if you can get selected for a flight there. I could also mention other plans (in which you invest this money and become ludicrously rich), but they're rather improbable.

1 comments

What's the thinking behind these predictions?