Invest in tangibles

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Investing in tangibles is a major component of prepping as well as an inflation hedge. It is referred to as the 8-B's: "Beans-Bullets-Bandaids-Books-Bullion-Batteries-Brotherhood-Being", as well as the 3-B's "Bean, Bullets, Bandaids" and many other similar variations.


Contents

Rationale

Financial investments (stocks, Bonds, IRAs, 401ks and others) are practical ways of preparing for retirement as long as modern Systems of Support remain intact and functioning more or less as they do today. If, however, these systems (the economy in particular) fail, then investments in tangible, life-sustaining items will provider a much greater return. Even if things don't go badly in the future, investing in tangibles can improve the overall quality of your life.

"A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, 
comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently 
and die gallantly. Specialization is for insects."
-- Robert A. Heinlein

Food and Water (Beans)

Read the main articles about Food or Water

The word "Beans" is often used to describe basic food and water. Invest in long-term storable food, such as grain, beans, canned food, honey, salt, and olive oil. The ability to produce food can be equally or more valuable, options include gardening, raising livestock, developing a food forest and more. Many produced foods will need to be preserved for storage by canning, dehydration, or other methods. Vegetable and fruit seeds can also be stored.

Water is generally ready to be stored directly from the tap, rain, or a well. Large, food grade containers are best for this. A pond, lake, spring, creek or other natural water source can go a long way towards providing long-term water security, but a water filter will likely be necessary for most natural sources.

Defense & Security (Bullets)

Read the main Defense & Security or Firearm articles

The term "bullets" is often used to describe the ability to defend one's self or loved ones, usually with firearms and sufficient stored ammunition. Other defense & security measures should also be considered.

Liberals and socialists support "common sense" measures - a "good first step" of the Nanny State. To a citizen-prepper-patriot and to the Bill of Rights, this is "death by a thousand paper cuts". This video shows why you should invest in firarms and invest in ammunition.

This Second Amendment Foundation video is the formal response to Hollywood's Demand a Plan gun-grabbing propaganda video. The video shows one of the main differences between liberal gun control Nanny states (Blue states) and conservative and/or libertarian Second Amendment-supporting "free states" (Red states). This video shows why we vote with our feet:

There are many different types of firearms, but a small selection can meet most needs.

Cleaning supplies, holsters, gun cases, gun slings, optics, basic gun-smithing tools are all necessary accessories for firearms. In-person firearms training, not just YouTube, and gun range time should be priorities as well. [Reloading] is also worthy of consideration.

First-Aid (Band-aids)

Read main article about First-aid

Band-aids are often used to refer to first-aid supplies and skills such as a first-aid kit, over-the-counter medication, and prescription medication. Medicinal herbs and other natural treatments shouldn't be overlooked either.

Books, Knowledge, and Skills

Read the main articles for books and skills

Books, knowledge, and skills, are all potentially very valuable to have throughout daily life and in the event of a disaster. The internet provides a wealth of free knowledge via blogs, videos, podcasts, and other free resources.

Some popular resources include

Precious metals (Bullion)

Read the main articles about Precious metals and barter

Bullion generally refers to precious metals, but can refer to any hard currency or barter items. Items such as Gold and Silver are the primary forms of "bullion", but alcohol, fuel, luxury items, and anything else that is hard to come buy during a disaster can be useful. While barter may be the only viable option for trade after an economic collapse, participating in barter today can provide economic advantages over using cash, such as circumventing taxation and getting greater relative value.

Energy (Batteries)

Read the main Energy article

Modern life is greatly improved by modern energy using systems. Transitioning to a life without such system would be incredibly difficult for many people. There are a wide variety of ways to become more prepared or self-sufficient when it comes to meeting your own energy needs. Investing in energy storage, energy production, and energy efficiency can all make life easier after a disaster or better before one.

Energy sources that can be stockpiled to run appliances or generators

Renewable energy sources that you can produce yourself

You can use energy more efficiently

Family and Community (Brotherhood)

Brotherhood can come from family, a support network, the survival community, or your local community. These are very important to care for and protect and invest in. Surviving after a disaster or everyday life is very difficult without some sort of family or community. Humans are social creatures and both mental and physical health suffer in isolation. Additionally, community and family can have far greater skills and resources that any individual can.

Stay Busy, Don't Hurry, Don't Worry, Be Content (Being)

This refers to the psychology of survival.

  • Stay busy - Work is good mental and physical health, idleness is bad for them
  • Don't hurry - Be patient, it can be tempting to get into a hurry and make mistakes
  • Don't worry - Stressing out over things that can not be controlled is unhealthy and doesn't improve things
  • Be Content - Realize that as long as you have what you truly need, that is enough

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