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US Fiscal cliff and land prices.

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    #11
    But if everything "inflates", are we any better off? Just using bigger numbers with SFA left over for us. Net income would buy zip.
    Either choice will make a mess. I just think which ever happens, it will be slowly, not hitting the canyon floor.

    " I would not sell now especially when you can get some dumb ass to rent it.", good one hopper!
    So does that mean real SMART ASSES are currently buying the $2000/ acre land?

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      #12
      The truth is,nobody knows for sure,only those that think they do.Make your best guess and live with it, as with most things.

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        #13
        All this negative talk and yet the DOW is soon
        going to hit 13,000 the corporations just keep on a
        goin.

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          #14
          The Dow may be hitting 13000 in nominal terms, but if you account for inflation it isn't much higher than it was at the beginning of the decade. Investing in stocks is only slightly better than sticking your money in a term deposit. But in this inflationary environment, gold stocks and gold have performed exceptionally well.

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            #15
            Best performing stock market this decade was
            zimbabwe's.

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              #16
              There were plenty of trillionaires in Zimbabwe at the height of their inflation, but instead of becoming known as a wealthy nation, they have become one of the poorest.

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                #17
                zimbawe is still a little too unstable for my taste, I would hop across the zambezi and invest in Zambia. Less likely to see something you build seized by the government and their growth has been fantastic over the last four years. Tens of thousands of acres of virgin land just waiting to be farmed.

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