Anarcho Capitalists Investors and Finance

[Katherine]

Not sure if this is the right group to post this in… my family is currently going up the money/abundance spiral and I am looking for some guidance/support. For some context my husband and I both come from serious poverty mentality conditioning / money isn’t good / it wont work out for us… but we have made great strides as a couple to re-write this story.

As of five months ago we saved up enough money to finally move where we felt called to into a really beautiful 10 acre homestead in Northern Michigan, that is truly a special place. We bought it for a “good price”, but at a high interest rate with a mortgage. We knew this was not the best way to go, but honestly couldn’t see any other way around it, and since our mortgage was the same as our rent for years we felt like it made sense, for now.

I am a self employed landscape designer with a successful business (I also care for my four year old son full time, who we will be homeschooling). My husband is a graphic designer that was working remotely for a company he had been with for eight years, until last week when they furloughed him… He was the “bread winner”, but I could easily make his salary plus more if I had time ;). Essentially we are down 50% of our income. We have money in the bank and know that this is a huge opportunity for us to generate income that is more self-reliant. This is a stressful time for us, but we do feel motivated and optimistic- we are both incredibly talented and have always found ways to generate money.

I was just listening to Alfa Cast and Barre mentioned getting your money out of the banks.. I am feeling so lost on how to secure our property and prepare properly for the future we envision. In an ideal world we would just be able to pay off the mortgage fast and move into a more sovereign life. I wonder if we made a mistake with the property, but honestly its a gem that I know is going to serve the community- we have already deer fenced a quarter acre, have an acre in fruits trees, lots of grazing pasture land, a large barn, access to clear water and air, etc.

I believe we are meant to have this property, now we just need to figure out how to keep it and be smart about how we do this. Looking for any advise, I know its possible, but feeling lost in the money realm- as I said we are coming from a lot of conditioning crap in that area.

Thanks so all for any ideas.

Discussion

[abram]

greetings Katherine and thanks for reaching out. i know from my own experience how difficult it can be to ask for help, especially around our stories of abundance and wealth. there are many paths to negotiate the terrain of this, and each situation is it’s own. the one common fundamental element i have found across all these issues is the negative stories we have habituated, and in my experience this is a very fruitful place to dig for solution. i offer a free consult and guidance on how to do this effectively for recrafting our story to become aware of the sticky bits holding us back, so that we may step in to becoming cognizant of our power in these situations…if this is something that may be helpful, let me know or go to https://beautyseedstudios.com/mindset-coaching to schedule a call with me, free of charge. i will be hosting a work shop on our abundance stories sometime this summer as well.

[Dave]

Hello Katherine. I am a graphic designer as well as your husband, and anyway, glad you shared your experience and asked for help. Not exactly sure if you had a specific question about money and/or investing.

As far as the ‘banks’ go, I would say Dr Lando is correct to a point. We shouldn’t have ‘all’ of our money parked in a bank. Local credit unions are usually better for your day-to-day funds. Thats what we do. However, there is a lot of fear out there these days that the entire banking system is going to collapse, the feds are gonna steal all our money, the dollar is gonna crash, the great reset, etc… Not saying these statements would never happen, they could, but I believe most of this is unwarranted fear mixed in with a little bit of truth. There is no such thing as certainty, only probability.

Again, there are so many approaches and strategies to money, finance, investing, etc… A lot of it comes down to ones risk tolerance, time frames, knowledge, etc.. I personally do believe diversifying our assets is wise, but again there are so many different ways to do this.

I am a member of a private investment group—stock markets (global), gold/silver, hard assets, private equity—if you wanna know more about this let me know. I have done quite well with my investments. And yes, this group is wide awake if you know what I mean.

Anyway, if you have a specific question let me know. Here is to our abundance. ?

[Katherine]

Thank you for this response Dave and nice to learn of another designer in this community!- as you can see it took me a while to get back to this conversation I started… my days are super full with work, my son, our homestead and the homeschool/forest school community I am building here- anyhow, you can see why it is challenging for myself and my husband to even get the information we need to make more informed decisions on our finances/ where we put our money- sometimes we know a little, but don’t have the time to do ALL the research to even act.. anyhow I am looking for some direction on diversifying where our money goes- also diversifying how we make money (right now thinking of setting up a farm camp site rental scenario as we live in a super tourist zone in the summer near a National Park). If you have advise, or starting points that would be much appreciated. There’s so much information out there I often feel stuck with where to look/who to trust. I’m sure you understand.

[Dave]

I have seen some people in your situation do a HIPCAMP on their property for extra cash.

Do you have quality water on your property, like artesian spring, how about a water company? There is a local guy around here who did that and I thought this is interesting.

Hard physical assets are always best like land/property, businesses, etc..

Physical gold, silver, crypto as a chaos hedge—not a get rich thing.

I do invest in equites (stock market) but depending on your situation that can be a deep and long conversation, but I did see this guy showing, with data, that we need to earn about a 15% return on our investments to stay ahead of inflation etc.. Something to think about.

[Charlotte]

hi katherine, i just posted about some of my abilities on the land in the lets move to the land forum. i have a strategy of medicinal agroforestry which has earned a friend of mine 60,000 from 1/4 acre acre after 3 years, probably more like 120,000 from 1/4 acre after 10 years. i personally want to demonstrate this on a piece of land and need investor help to secure the land

[Author]

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