[goodnesswins]

I'm with you....what resource never grows? Land....invest in land...good land/property.....early on, and you will do well....I think we'll be doing the same as you with our Grandson....we're NOT paying for a college degree, unless it's business....just so he has a base of info.

[RightWhale]

we're NOT paying for a college degree, unless it's business

We were discussing this in Ethics class just yesterday in connection with Rawls' Savings Theory. When asked what a level of intergenerational savings should be, paying for college for example, I said zero and the class was stunned into silence. But then they decided that was a reasonable number and we discussed the issue of zero. I pointed out that Harvard has just begun to allow students from poor families [less than $40,000] to attend Harvard for free. So if the student can get into Harvard they can do what they want, and if they can't get into Harvard maybe they shouldn't be going to college anyway.

[international american]

I have bout only waterfront property since age 25...I am 50 in March. I wanted to know about your area for means of retirement. It looks very tranquil.