Concerned about the potential vulnerability of your investments to online hacking?
Before the internet, stocks were similar to cash in that the value of the asset was represented by a piece of paper. Holding this piece of paper in your hand was proof of ownership of the asset, but the actual asset was typically located somewhere else and not physically accessible.
Today, with the advent of online investing, stocks and other assets are still intangible, they are represented by digital ownership rather than physical ownership. Even though you may have an account and login information to access your stocks, crypto assets and other investment, the actual assets are located somewhere else, and you cannot touch, move, or use them as a physical assets.
For this reason, Happy Watt LLC’s philosophy is to invest in assets that are tangible, indestructible and mobile.