I am putting in Motion to put more of my Portfolio in Swiss, Nordic and selectively a few British,German and Hong Kong and Mainland China Equities. I am not abandoning the US market but allowing for 30% in less liquid rare equities that are not easily traded, e.g. SWPRF, UZAPF. I am further sticking with my 10% in Gold Miners from Large to Mid ap and a Fund of Junior Miners/Explorers. This is a 40% hedge against the destruction of our democracy and currency. I believe these are linked. With the balance I am further heading buying CEF’s primarily established and discounted, e.g. CET, STEW. To protect against being left behind I will remain active buying Tech when I understand the value or at minimum,I believe I understand the value, e.g. APP,PRIM,WLDN. I am unable to shed AMZN despite its poor performance lately and APPL. I am buying one US Money CenterJPM . I like GE,GEV,PH,ROK & a few newer ETF’s with high concentration in a given Sector, e.g. CHAT CIBR. I am unable to know which Cyber security Co. will dominate so CIBR is my approach. I was a Value driven Investor until I discovered how poor I was next to less experienced Investors just following the hoard. I am not buying Tesla but there are investments like BKTI which I bought reluctantly and now happily sit on a 50% gain a a few months.
my purpose writing here is to see if my fears are similarly seen in the World of AmericanInvestors with money but not 100 million$. I had accumulated wealth and found myself hating it. I valued myself at a rate and my Capital at 50%.when the Housing Boom came I had great cash flow and abase of over 1,000 Apartments that Ibuiltand owned until an health issue led me to liquidate in 2006. I luckily missed the housing slump but I also would today own the 1,000 apartments debt free for3-7 years.I wanted to retain and maintained and still have a huge cash flow. I would refinance at 6% but not higher. This model was my goal. I achieved it before age 40 and realized the wealth disparity in this Country. I nearly moved to Switzerland and regret not buying 20 plus years ago. I was too conservative. Hence, my sincere fear of the direction of our country. i am satisfied that I did give to Charity to the point it changed how I lived. I think this standard defines charity. To give and be unaffected is meaningless. My question to all , is my Portfolio reconstruction into Safer Currencies and Safe underlying investments to 30% until this country returns to normalcy, decency and respectability out of fear about a weak currency a highly debt laden government and a bellicose ,arguably senile Leader is for me too risky. Better to live more modestly again but protect my Capital and derive enough income to not worry. We as a Nation do not live within our means. Most families have a home which is their nest egg and a few hundred thousand put away. I suspect that is proper. I retired 15 years ago and sold off Art and Antiques for a decade to live without sacrifice. Now I am still liquidating a few old assets but have most of my money in the market. I am reconfiguring the portfolio to align with my fears and end goal. To never need to rely on anyone for survival. My children are taken care of and my wives are wealthy.( I often wonder if they ever reflect on the good luck I had and shared with them.)
Well if anyone can guide me on a Survival Portfolio for a Nation run amuck please share your ideas and wisdom.
Valuation
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Disclaimer
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