Deposit insurance is there for low levels of failure. Who would know what to expect in a major overall financial failure mode. Mattress stuffing is out of the question with inflation if a major financial upset did not occur..

Just the other day I purchased a pretty complete specialized woodworking shops equipment. Most the stuff was less than ten years old and in excellent condition but current retail prices where double of what he originally paid.

So I landed up having to pay almost half of what those many items are retail today. In the final anyalisis I decided one now has to calculate price by the ever increasing current costs as a baseline.

To buy the same quality as the items he had today new is over double what I paid plus tax. The icing on the cake is one good weeks work with the equipment pays the capital cost because the economy has enabled this as well. Plus of course his product is both very strong and in demand and will continue to be so in my opinion.

He had a good thing going but at his age that is approaching ninety he had to give it up for health reasons. What he should have done perhaps is get a younger guy working for him. That is what I will attempt to do with this equipment. Money working for you under your own direction is probably the best ideal anyways where and when possible.

Age had slowed down his thinking as the value really was in what that equipment was already manufacturing. Basically a turnkey already existing business with current demand growing. The best thing is the worse the economy gets the better it would perform. It does well enough in current times as well. Really good times might dampen it a little though.

He ran it out of his home basement. That was another complication he should have dealt with much earlier. He was never meeting demand and always behind the increasing orders flowing in.

Two of my son in laws know what I intend doing and want to buy half. Partnerships seldom work properly so I may have to figure out something else.

To have one go bad with family members would or could be a real disaster. One important thing was the old fellow did not realise the product should do well marketed nationally. Return on investment could be massive if that was enabled.

I can almost see myself travelling all over north america to buy more automated equipment all too soon once we get it going again. To me this is the proper type of thing to bury some money in. It deals with both inflation and security issues fairly well. Personally we do not seek more money but some better protection for what has already been aquired. Or at least some of it. I do think there has been some errosion of it's value already.