The Sanity of Tangible Assets

Watching the stock markets of the world roll up and down can be a fun game. When the downward roll wipes out your nest egg and personal assets it becomes a lot less amusing. The hollow promises of your investment advisor that the market will recover do no seem to be coming true as the market continues to slide. It's flat insanity to continue to invest as you have in the past.

A much better plan would be to leave the insanity of the markets behind in favor of the sanity of Tangible. These are assets you can touch and see. You can live in them, go and hold it. I am very, very real.

These activities are the most practical investment. They have intrinsic, and as a store of value. They are less vulnerable to the whims of the market, the peccadilloes of executives, trends and regulatory authorities.

Some of the most sensitive, are now the gold coins and gold bullion. In the firstquarter of 2009, individuals and private investors bought 130 metric tons of the stuff. It's pretty to look at, nice to hold, and stores value much more effectively than savings account.

Even better? Gold's value as a tangible asset is recognized world-wide. There are absolute standards to be met for weight and purity, with all comers aware that in tight times this will always been legal tender. It provides a hedge and a comfort against the ups and downs of the prevailing fiat currencies.

Another bonus is that gold is very portable. You can take it with you when you travel or move abroad. Possession denotes ownership, without the need for mountains of legal documents and hefty lawyers fees.

Naturally, the mainline governments of the world are telling people that everything is fine and they don't need to be stockpiling durable goods and tangible assets like gold as hedges against future disasters. This is, of course, utter hogwash. You don't have to be a scientist to understand that things do not improve soon as the politicians.

It 's definitely still crazy out there on the market. That's why you have a choice. You can keep playing and losing in the markets, or you can use the insanity of paper profits for the mental health of hard assets and commercial facilities.