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To: expat_panama

“Of course we all know that there are some folks that can buy and sell real estate and get rich, but for most of us buying land is a purchase, not an investment. “

Agreed. That said, I know one can make a lot more money buying and selling property in NYC than buying and selling land, but I just have a visceral aversion to spending the kind of money it costs to buy even a small apartment in NYC, as opposed to several 100 acres somewhere that has natural beauty and or that I can grow food on.


3 posted on 07/18/2016 4:59:48 AM PDT by pieceofthepuzzle
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To: pieceofthepuzzle
100 acres somewhere that has natural beauty and or that I can grow food on.

My capital's creating wealth in stocks.

That said, even as we speak (type?) I just now started a crew clearing a couple more acres for food crops.  It's not a serious investment for me tho I may break even eventually w/ the harvest and there may even be a good enough increase in the land value, but having the food supply will at least be insurance for peace of mind...

34 posted on 07/18/2016 6:03:33 AM PDT by expat_panama
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