Comments on: Be Very Careful if you are buying a house!

By: thirdcoastguy

thirdcoastguy — Fri, 27 Nov 2009 03:34:18 +0000

Derek, if a person had the money to purchase a house would he/she not be better off investing it in gold now…………and buy the house later? You know, after the gold appreciates and the house depreciates?

By: endlessmountain

endlessmountain — Fri, 27 Nov 2009 03:18:22 +0000

yes, that is a good strategy. Like I said, if you buy a house with cash and it is a good investment based on what you are using it for.

The point of the video is to mention that buying houses is mostly a bad investment now. That is why i said the 90-95% because sometimes it is not.

For most people, waiting to buy a house is the smarter move.

By: SamuraiCommando

SamuraiCommando — Fri, 27 Nov 2009 02:21:34 +0000

Alot of videos having been doing that lately

By: SamuraiCommando

SamuraiCommando — Fri, 27 Nov 2009 02:17:27 +0000

Unless you are buying farmland for a good price. You need water rights and a good domestic well. Food production is a excellent hedge.

By: PREPAREORSUFFER

PREPAREORSUFFER — Fri, 27 Nov 2009 01:36:28 +0000

i think renting and purchasing gold and silver is your best bet !!

By: Kingratass

Kingratass — Fri, 27 Nov 2009 00:43:05 +0000

im currently looking at 20 acres for 50k in city limits, wooded with wetlands and a creek…there are reasonable deals out there

its also possible that housing/real estate will go back up due to inflation, but not as fast as food, energy, and other commodities (especially gold/silver/etc)

By: slobomotion

slobomotion — Thu, 26 Nov 2009 23:50:46 +0000

Your usual genius.
Shared WIDELY.
Greetings from France.

By: bjmccullough

bjmccullough — Thu, 26 Nov 2009 23:47:03 +0000

I just bought 2 apartments here in central Tokyo with cash. They are now rented and provide me some income but the reason i bought them was an inflation hedge. good advice derik from nikei Bruce.

By: merryxster

merryxster — Thu, 26 Nov 2009 23:27:07 +0000

Sound advice as usual. Could you please recommend a book on the Mayan calendar for someone who is totally ignorant on the subject? It would be greatly appreciated.

By: dgmoocher

dgmoocher — Thu, 26 Nov 2009 22:54:18 +0000

Thanks for making me feel better about renting!