[quote=NicMM]In today’s environment maybe the best way to grow wealth is saving? Stock, bonds, 401K, house, nothing seems safe. Precious metals look rosy but have great risks too at today’s new high prices.
-NicMM
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It’s a schizophrenic market.
Whoever gets this (inflation/deflation/asset class/currency thing) right will be rich; but I have a feeling the vast majority of us will get it wrong. Nobody knows what will happen, and that’s exactly how they (the Fed/govt) want it, IMHO.
I’m not trying to rain on your parade, and you should do what you feel is right for your particular situation. It’s just that land speculation is probably one of the riskiest types of speculation, especially when you’re talking about desert land bought from some “investment seminar” company. They always seem like snake oil salesmen to me.
