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HAVE YOUR INVESTMENTS DISAPPEARED THIS WEEK? BUY LAND!
I consider myself a middle/working class American. This week alone I have seen thousands of little imaginary dollars disappear from my savings. From my 401k, IRA SEP, and investments. Another week like this one and I just might have to readjust my planned retirement age. That being said it brings to mind two things I'd like to share with you.
A PERSONAL STORY When I was young my grandmother and papa kept me while my mom worked. In the little town we lived in everything closed down on Wednesday afternoons and my papa got off work and we went down to the A & P grocery store. I'd get a coke and pack of peanuts for the shopping trip. One particular visit we drove home a different route. I must have been 4 or 5, but I remember my papa pulling off the side of the road and getting me out of the car and standing me on the hood and telling me to "look". As far as I could see he owned that land. He said to me... when you grow up, invest in land they aren't making any more of it.
Now my papa died in 1979. My grandmother ... more
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