Replies

OOPS here comes the EPA, why there is a Wild Unfanged Blue Spotted Mango Worm on your property, the only one of its kind. So sorry, but you can never develop on this property. We, the government, will give you a crisp 100 dollar bill in exchange for our 'taking' of your property rights.

In a world with no guarantees, I will stay with liquidity and the long-term return record of the stock market. I will stay with my 401(k)s.

I know at least two people whose parents purchase a few acres in the Lake Tahoe area, with the notion that they would build their retirement homes there. Well, the Tahoe planning board strictly regulates any building and development on "open space", and these folks, after paying property taxes on the land for years, ended up selling at a loss. I don't know what the answer is for savings, I'm doing the best I can to stash money in a variety of investment vehicles and hope I don't end up sitting in the dark and cold, and eating cat food. eeeuw.