Gas Stop: An undertaker’s portfolio.

“Happy the man who, like Ulysses, has made a fine voyage, or has won the Golden Fleece, and then returns, experienced and knowledgeable, to spend the rest of his life among his family.” — Joachim du Bellay

This is probably the second important topic of anyone’s life. Gas Stop is my compilation of what I think is the second most important aspect of our life.

You might be wondering, “Manoj, what is this about? What the hell are you writing? Just get to the point so I can agree or disagree with this. And why is it the second most important and not the first? ”

This compilation is based on my understanding from many books and observations of many people. The only way to prove the validity of the result is to wait until the writer turns 40 years old. Because this aspect of one’s life should be boring and downright traditional.

I am talking about wealth.

I don’t care where your next penny investment is or what type of stocks/bonds/crypto you are nit-picking. This is not about that. This article is about a macro point of view. This is my understanding of wealth.

From the old Sanskrit dictionary, we need to excerpt two words: Chal & Achal. They represent the position/movement of anybody. Chal represents the movement and Achal represents the inert position. When these words are added to a different word sampati. i.e estate. It becomes, Chal sampati & Achal sampati.

It is important to emphasize the word “sampati” i.e “Estate”. It refers to the money /and property you leave behind when you die. One needs to prepare for this as early as possible because the occurrence of death is unforeseen. One could die from sleep apnea tonight or a decade later. If this happens at least have enough funds to purchase a decent cremation ceremony. In case this does not happen, Great you now have a portfolio to work with. It will provide you with the optionality to make financial decisions.

Now the crux.

The traditional words to be used are chal sampati & achal sampati.

In the present century, there are only five categories of asset classes. Real estate, commodities, cash, Bonds & derivatives. The land, produce, currency, promise & secondary market. The way you position yourself is the secret.

The inert wealth.

This wealth is the wealth that does not change or withers through time. It can be passed along the generation of the family. I.e land, house & Jeweleries. It retains its properties for hundreds and thousands of years. One must have this type of wealth. In times of economic earthquakes, these are the only safe haven assets class to be in. But do not bet on a catastrophic meltdown. The stories have overcome war, pandemics & disasters. The present story is no different. Technology is deflationary, it will certainly shift many sectors in the unforeseen future. The inert wealth is the insurance and a second life in case your get burnt in life.

The revolving wealth.

This wealth is the moving wealth that changes hands. You want your wealth to be independent of Time’s erosion. Irrespective of time, there is always an exchange between a value & service among people. A revolving wealth is, but not limited to the definition of a cash flow. It represents the credit line, network, knowledge, skill, craft, showmanship, and the perspective of a person. It factors in the accountability of a person’s past and the know-how, to satisfy the need, “at scale.”

You want both types of wealth with you. Chal & Achal. Create your Chal sampati and convert it. Now how long it will take depends on how have you prepared yourself to be?

Ok. But Why the second?

This is my wish & my blessing, may you find who you truly are & express it to the world.

Lots of Love, Chao.

Among the infinite Wisdom, I am lost. An admirer of knowledge & Virtue, a lover of curiosity. Part-Time Barbarian. https://parttimebarbarian.netlify.app/home