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To: CJ Wolf
IMO, your best bet is to buy land and the key to ensuring you have a profit when you are ready to let go of it is to keep your property rights. There is only a finite amount of land on this earth. Get some.

Keep your property rights? For one thing, even absent EPA busybodies and property taxes, there is less chance you are going to turn a profit on real estate than stocks. Sure, you can pick specific time periods where real estate outperformed the market, but given the 30-40 year timespan of retirement planning real estate is pathetic compared to stocks.

When you throw in government busybodies zapping your property rights and greedy school districts taxing the fool out of you, real estate is nothing more than very expensive rent.

Property rights were lost the first time anyone had to pay a tax on property. And it has only gotten worse.

31 posted on 04/12/2002 6:29:48 AM PDT by hopespringseternal
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To: hopespringseternal
oh well, I guess I'll be there with my tin cup or maybe I'll move in with my kids. :-)
32 posted on 04/12/2002 6:32:22 AM PDT by CJ Wolf
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