Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Neville72

So let me ask opinions here: With the threat of hyperinflation and the inevitable crash of the dollar, would it be in our best interest to purchase a property (with acreage), or to remain mobile (renting)? We already have PM and food investments, but I really want our $$ out of cash. My thought would be that by jumping on the current low interest rates, hyperinflation would help us pay off debts faster. On the other hand, a sailboat and a secluded island sounds nice. (We have no debt right now....)


35 posted on 05/20/2010 8:43:41 AM PDT by shezza (Blessed is the nation whose God is the Lord.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: shezza
Well, to indulge all of the FUD (fear, uncertainty, doom) on this thread.... They're not making any more land. If you own it, the landlord can't kick you out.

But really .... Remember that lots of FReepers have Armageddon fantasies. They like the idea of holing up in their compound and living off the land and occasionally stopping their idyllic life to shoo away some itinerant liberals that come begging for help.

I think that the reality would be a whole lot less pleasant but that's just me. To each their own.

I'm worried enough about the possibilities advanced in this thread to be prepared, but not worried enough to lose any sleep. And, let me qualify this statement by saying that I was also prepared when the economy was rolling along and there weren't any problems at all.....

38 posted on 05/20/2010 9:12:17 AM PDT by wbill
[ Post Reply | Private Reply | To 35 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson