Thank-you for the good advice. I have only two differences of opinion, and they are merely that.
Owning property vs renting? Depends. I was “born country” and we’re heading “home” in the next year (or sooner if necessary) to land that’s been in my family for generations. You don’t mention your reasoning, but I can assure you that renters *do* pay for increased taxes, upkeep, etc., not to mention that they *can* find themselves out in the street in relatively short order. That doesn’t mean it’s not the right decision for some, just that there are downsides to both, depending on your individual circumstances.
Second, while a sling shot may work for you, I prefer a bow and arrows for “silent” hunting. Both take practice. :)
Owning any equity (stocks, real-estate) during deflationary panics is costly. Renters get the best of a bad deal during such hard times.
Like you, I too own land...but I wouldn’t advise anyone to go purchase land right now. Better to rent because prices are still falling.
Same for stocks. The current stock run up will tempt lots of money in before the next major stock crash later this year.
Better to be in cash on the sidelines for a while. At least until inflation returns widespread to housing and salaries.