One limiting factor is domestic (U.S.) Grain Oriented Steel. Modern transformers can handle larger loads with smaller footprints and less mass due to flux-friendly steel laminations in their cores. The hitch with GOS is there is one company in the U.S. making it. One. They are maxxed out in terms of output.
Lots of options. The industry could go for higher loss, or larger, units based on older designs. There are costs associated with that - but the difference between high costs and “We can’t get it.” might tip the scales.
The actionable advice I am allowed, per regulations, to give is “consult a professional.”
I cannot give investment advice, nor do I really want to. Your situation is specific to you.
But I can give education, which I do in spades, and work really hard at it. To me, good information is actionable, and I personally take action on my own information all the time.
Hard assets. Limit exposure to the Great Taking machinery. Consider currency in a bank account as a potential future forfeit.
My main personal investments over the past several years have been in gold, silver, natural gas, oil, and my property. That’s as specific as I can be without running afoul of rules that only seem to apply to people who have not openly stepped onto the DC corruption ladder.
Regarding the insurance companies extorting for roofs. This happened to a friend of mine last year in connecticut. Said they would drop her if not replaced. Had years left in it but forced into new roof. Crazy. Insurance is a scam
A friend of mine jad very similar happen in ct. Using drones. They ended up doing roof themselves but wild they did warning letter super close to renewal as well and thebuse of drones. Im curious now to ask about if the company is an insurer at all either . They never reported the new roof but it was updated in the system, assumed also by use of drone.
Had similar experience with my company here in CT. Luckily we have a strong security system and were able to prove the insurer had sent a person onto our property without permission to “inspect” the property. Additionally, the buildings are unusual as much of the main building was constructed in late 1800’s with a laid stone foundation. Later, as this was originally a town building, it was dug out and concrete was poured around the original foundation making it look odd. The “inspector” had no clue there was a tapered cap hand sculpted on the top of the concrete and thought the whole foundation was degrading due to cracks in the cap. We hired a local (and well respected) tradesperson come out and document the counterpoint to the issues reported by the insurance company and also then pointed out they had trespassed in carrying out the inspection. Insurance co relented and has not tried since that time to play with our policy…
At this stage of the game short term T-bills seem like as low a risk as you can find if you want to stay in the game until the monetary crisis really kicks into high gear. But I don’t need them and I’m staying two (or more) steps ahead of TPTB and their apocalyptic games. But I’m extreme that way. YMMV. However, if I suddenly had $10 million to invest I would probably put some in short term T-bills. However, I sleep soundly without them while in even less risky assets (eg. homestead, gold, silver, steel, lead, copper, etc.).
Thanks! When you say steel and copper, do you mean as investing in these things, or actually buying them in some form (copper wire etc) that you keep on your property? I’m big on practical assets… but my homestead is in a high drought zone with fire risk.. I don’t want everything I own to be on my property in case of fire. Hard to figure out how to spread out that investment/risk while not being in the markets.
Excellent advice. But I suspect the question or comment was more along the lines of exactly what to invest in. Which stocks, bonds, etc. Which ones exactly and what to sell and when. More broadly, how do I come out “ahead” which is asking for a crystal ball.
It takes a deep dive into your own goals and values to figure out what to do with your money. And it’s sobering to realize that you’re likely not going to come out ahead. FOMO is real. We measure ourselves against others who are often misrepresenting their accomplishments.
So I ask myself exactly what I want to accomplish with that future money. Then I try to position myself towards that accomplishment. Right now it’s to try to support our kids through college without debt. Hopefully my husband can continue working throughout while we live on my significantly lower income.
Then it’s to have income in retirement to cover necessities since neither has a pension or would expect it to be reliable if we did. One way to accomplish that is to try to increase income. The other way is to need less money. Pay off debt. Have lower costs for housing. Have lower utility bills. Lower food bills. We’re opting for needing less. It works during inflation, deflation, and everything in between. It even works during the great taking.
And ultimately, money has no intrinsic value. It’s worth whatever it brings you.
Here’s part of my investments I keep in my possession.
