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NeedToUseYou -> RE: another great day at the office (10/6/2008 1:19:06 PM)
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If one has cash, and doesn't want to enter the markets, there are things that won't lose their value and no matter what the price is will have a constant benefit.
If you have your own residence and have the room, and live in a country with good alternative energy rebates. Well, solar or wind power are a good investment. Payback can be 10 years though, but solar for example lasts over 20 years, not a bad deal really, and the payback is proportional to whatever the cost of electricity is, so even if the currency goes to shit, it doesn't matter. You'd be offseting whatever that cost is.
Even if you don't have the money to layout for a full out solar system or wind based system. The easiest and probably the cheapest solar based enhancement is a solar waterheater, still it does require owning your own residence, but that can be done by yourself. Stuff like trombe walls, can be installed, by a non-carpenter, fairly cheaply and simply enough. Apartment dwellers have much less options, but those things are like an investment in gold, as there value is immune to inflation.
Unless someone solves the energy crisis in the next 10 years it's a sure winner for the conservative investor. Especially if you do the installation yourself. That is a large part of the cost of those kind of things.
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