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Interesting article here:
In the light of ramping inflation I personally incline for option #2. Any opinions?
I know most people here advocate buying any type of property, but then what? sit on the once mighty $$$ and watch it depreciate on daily basis? That doesn't seem like a smart plan either... enlighten me otherwise!
No, I'm not playing the devil's advocate, and I tend to agree with the doomers here when it comes to economy but then again, what's a wise (or at least safe) investment nowadays? Please don't tell me canned foods and generators...
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wheat & rice...
Sorry, omission in my post above, about half way through one should read "I know most people here advocate AGAINST buying any type of property"
"Helping hand. While buying more real estate for your own use probably won't be a great investment, you could help your adult children make good money -- by transforming them from renters to homeowners. To that end, you might give your kids an advance on their eventual inheritance, so they have enough money to make a down payment".
I am more likely to be hit by lightening before this will happen!!!
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