by Ludger J. Borger
President, Borger Capital Group LLC
You’ve made it to the final part of this series, and I’m glad you’re here. We’ve talked about the looming threat of The Great Taking, as described by David Rogers Webb, and the mechanisms that could make it a reality.
Now, let’s focus on what you can actually do to protect yourself.
Owning Property Outright: Your First Line of Defense
First off, if you can, own your property outright. Easier said than done, right?
Think of it this way: the fewer debts you have, the less vulnerable you are. If you’re still paying off your home, car, or other significant assets, work towards eliminating those debts as quickly as possible. The goal is to have as little tied to debt as possible because, in a crisis, those are the first things that could be seized.
Owning property outright means that no one can claim it through debt obligations. It’s yours, and no fine print or legal clause can take it away. This is especially important with real estate. If you can pay off your mortgage, do it. If you’re thinking about buying property, consider whether you can do it without a mortgage. This might mean buying a smaller home or waiting longer to make a purchase, but the peace of mind is worth it.
Investing in Physical Assets: Tangible Wealth You Can Hold
Next, consider investing in physical assets—specifically gold and silver. Why? Because these are real, tangible assets that you can hold in your hand. They don’t rely on a digital entry in some database, and they aren’t tied to debt. Here’s an important tip: don’t store these in a bank safety deposit box. Keep them somewhere safe, where you have direct access.
Gold and silver have always been reliable stores of value. Unlike currencies, which can be devalued or manipulated by governments, precious metals have intrinsic value. They aren’t dependent on any government or financial system, making them a strong hedge against economic instability.
Running a Debt-Free Business: Control Without Risk
If you own a business, strive to keep it debt-free. This is crucial. A business without debt is much less likely to be caught up in the financial traps we’ve discussed. And if you’re investing in other businesses, look for those that are also debt-free. The less exposure to debt, the safer your investments are.
Running a debt-free business means you’re not beholden to creditors. You have full control over your operations and aren’t at risk of losing everything if the financial tides turn against you. This also applies to investing. Look for privately owned companies with strong balance sheets, low or no debt, and a history of solid financial management. These companies are better positioned to survive economic storms.
Exploring Timber Investments: A Tangible and Sustainable Asset
Another smart option to consider is timber investments. Timberland offers a unique mix of asset appreciation, income generation, and sustainability. Timber literally grows in value over time, regardless of market conditions. And since it’s a physical asset, it’s less vulnerable to the financial manipulations that could be part of The Great Taking.
Timber investments are also a good hedge against inflation. As the demand for wood products continues to rise globally, the value of timberland is expected to increase, making it a wise addition to your portfolio. Plus, owning timberland diversifies your assets and reduces exposure to financial markets that might be more susceptible to risks.
Conclusion: Take Control of Your Financial Future
These strategies might not be foolproof, but they’re a solid start. The financial world is complex and unpredictable, but by taking these steps, you’re positioning yourself to weather the storm—whatever form it might take.
Remember, the key to surviving The Great Taking isn’t just holding onto what you have—it’s about staying informed and proactive. The more you understand the risks, the better equipped you’ll be to protect yourself, your family and your assets.
And don’t forget, you don’t have to navigate this alone. Whether you’re interested in owning physical assets, or just want to discuss your situation in more depth, I’m here to help. Schedule a free 30-minute strategy call with me here, and together, we can find the best course of action for your specific circumstances.
Thanks for sticking with me through this series. Stay informed, stay prepared, and most importantly, stay in control of your financial future.
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