Business decisions today have to be made with the expectation that a failed US President has created a world in the worse state of chaos since World War II and thus in any 12 month period there is a significant probability of a catastrophic world event that will negatively affect the global economy.

The Bond King!

Bill Gross has made a fortune estimated at over $2 Billion by investing in bonds over the last 40 years. Not only did he make a fortune for himself, he built the largest bond investment fund over that period of time. Having sold his company some years ago, he now works with Janus Funds.

Each month he writes an article about the bond and stock market trends. This summer he recommended to investors that they get out of bonds and seek low-risk investments.

In an interview about the same time as that article, he indicated that he was moving his money from bonds into short term US government notes, gold, and LAND (emphasis added by me). His writing and comments all emphasized the need for the preservation of capital and the importance of avoiding negative interest rates.

Obviously, this professional investor is nervous. But his choice of assets reinforces our perspective about the benefit of buying land.

In these uncertain times, it is critical to remember that land is the source of all wealth. Every product that we humans consume originates with land. Not all tracts of land are equal in quality and portfolio management requires every investor to hold some cash for liquidity. But historically, long term land is the best investment.

Are you ready?