The Most Valuable Assets In Order of Value (My Subjective Opinion):
- Health
- Intellectual capital, talents, skills, and problem-solving ability (ability to create value; i.e., your business or job)
- Relationships
- Gold, Silver, Minnaars, and Bitcoin
#1 and #2 can bring you #3 and #4
All are bearer assets with their own strengths and weaknesses:
- Privacy
- Scarcity/Rarity/Supply
- Demand (= Liquidity)
- Concentrated Value
- Divisibility
- Transportability
- Physicality or lack thereof
- Multiple uses/utility
- Defensibility
Some Examples:
Gold and silver are assets that you can wear or use in industry, and Minnaars are assets that you can enjoy on your wall, or carry in your pocket. Skills, talents, and bitcoin are assets that you can carry in your brain.
The 7% Solution
Put 7% of your assets into physical gold, silver, and Minnaars, and the rest into Bitcoin. Personally, I store 99% of my value in Minnaars because they are my primary store of value.
Unless it is operated as your primary business, real estate should be leased or financed with long-term, fixed interest rate fiat loans until you can buy it outright with less than 7% of your net worth.