Friday, October 21, 2011

NO END TIMES EVENT

Since Harold Camping's newest date for the end of the world hasn't come to pass, let's proceed with some sanity. Let's figure out what to do about real estate!

The more logical (and sane) thought process to take is that our financial well-being is being threatened, and there are very few options available that are protective of wealth and safety. If the value of money is degraded, and gold can't be spent on anything, then what to do?

The value of money spent today on real estate could very well be considerably less just a few months from now. In other words, $500,000 spent on a house and some land purchased right now may not be available to be purchased with any dollars later, since the dollar is likely to be sharply degraded. This, plus the fact that real estate (a home and some land) provides safety, comfort, and a means of sustaining life and family. Under these present conditions, who could argue with that?

There's nothing else to invest in that can provide all of the above. Preparation for tough times can only be supplied by real estate.