May 12
Via CalculatedRisk
Over 70% of homes in Nevada have negative equity. Ouch.
I own three homes. They seem to be holding value, down from their peak, but well above what I paid for them. Fingers crossed.
Not that it matters. If I do make money on them, I’m sure my profits will be inflated away or out right stolen. It’s hard to get “excited” about investments when the results are meaningless. It is even harder to find something worth or safe investing in right now.
May 12th, 2010 at 3:14 pm
Here’s my investment grocery list:
Firearms
Ammunition
More Ammunition
Some more ammunition
Emergency Rations
Water
May 12th, 2010 at 3:20 pm
those are things I’m buying too. Especially food.
May 12th, 2010 at 4:32 pm
Yep. I recently realized that I have a 10,000 gallon water reserve. I just need to get the proper equipment/process to distillate out chlorine.
May 12th, 2010 at 6:31 pm
I think I’ll put together a “gone to hell” kit posting. It will describe our prep, including water.
May 13th, 2010 at 9:42 am
Investment is about using your present assets to prepare for the future. There’s an old adage that the best time for investment is when the blood is flowing in the streets, Chaos and gloom in the present isn’t a good predictor of the future. Surely 300 million free people can work their way out of any hard spot. Let’s help them.
May 13th, 2010 at 10:13 am
You assume 300 million… but 100 million aren’t working and another 100 million want to screw the other 200. If all 300 were together, it wouldn’t be like it is.