Today’s assignment is to go over yonder and read this:
Even if this new blog never takes off, just this one article is invaluably and should assure its author a ticket into heaven. $420 for a tax sale lot in Texas, in an area that has plenty of used trailers for sale cheap ( one bad effect of a somewhat booming economy [ in the new normal, “only” 8% unemployment is booming. In ObammyLand the national rate might claim to be this but I’ve yet to see an area except perhaps North Dakota under it ] is that locally every swinging dingus thinks his used hunk of crap trailer is worth thousands of dollars. I can’t find any cheap used trailers anymore, which is half the junk land living equation ). Now, I don’t necessarily advocate living in Texas. I tried for six months and I couldn’t get the hang of the local culture. Not as bad as trying Louisiana, where I got right back on the bus and left, the vibe was so bad, but still an area I would advise trying out before you decide to move there ( it might just be east Texas that was weird, I don’t know ). But there are much worse places. At least in Texas there is almost zero zoning hassles outside of the city limits. With the above article you’ve got the inside scoop in the state property tax sales.
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Buying junk land, with a paid for shelter, is one of the smartest investments you can ever make. I don’t know if you’ve ever had any close calls with unemployment or homelessness, but it ain’t much fun. This is simply homelessness insurance. But it is also much more. Look around you at the economy. It sucks elongated donkey members. And that’s on a good day. Crap is scary as hell out there, and will get worse. So what are you going to invest in to soft land your future? College? Don’t make me laugh until I crap blood! The economy is contracting, dumbass. No old school investment is viable anymore. If you have savings in electronic form, it is subject to instant wipe. Any money you have in a checking account, a 401k, anything the bankers “safe keep” for you can be gone in a nanosecond. Keeping cash isn’t much safer. When the FedGov allows the central bank to “quantitative ease” five to ten trillion bucks at a pop, you can bet your last donut that inflation is baked into the cake. College is not job training because those jobs are contracting. College training is merely debt. And debt is now evil in any form. You want to become a serf before you need to? You simple hump.
So, if paper money inflates by at least one percent a month, and that is just a warm up, how about gold or silver? All well and good, but mainly as a transfer of wealth to your descendants. Not too great for day to day savings because nowadays the whores have rigged the game and it can be down a significant amount without notice. It isn’t easily traded back and forth. Storage food, ammo, of course that is all well and good. But it is survival insurance. It isn’t a place to park surplus wealth. What you want is something that holds its value so you can pay your bills five or ten years from now. In five or ten years from now the unemployment situation is going to be much worse, so you definitely need a viable strategy for savings least you be totally screwed as inflation cuts the dollar off at the knees. This is where your current “investment in no bills” comes in. A thirty year mortgage on a farm is not an investment. It is, again, simply debt. Even if you are self sufficient in food on the land, your job is not assured and you will lose the land to the bank. Junk land isn’t perfect for farming, at best it will allow gardening, but it is a form of investing you can do right now and is Better Than Nothing if the collapse doesn’t conform to your schedule. After junk land, then try to invest in food production. Otherwise, lots of wheat storage. But it is more than land and shelter. You need to invest in no transportation bills ( well, there will always be some cost, but a hundred dollar bike is more viable than a thousand dollar scooter ). If you are too far away to bike, think about moving closer to your work. I paid six grand for a lot to be closer to town and water, and I felt like I got a good deal. That’s only four years of operating a debt free motor vehicle.
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Even the smallest cost savings add up. By buying a rooftop TV antenna you start saving money the first month compared to cable. You still have to watch commercials, so why pay extra for the privilege? Look, this is old hat here. We’ve covered all this before. This is just a reminder how easy and cheap it is to become much more free, and greatly reduce your dependence on a paycheck. Seriously, you can’t cough up $400 with a bit of determination? Even if you had to live in your car for a month, the reward would be a lifetime forever more without a mortgage or rent. Even if the wife won’t go for it, you can get it now and hold it if needed. I know you’ve spend more on your plastic poodle shooter. Start thinking of how to invest in not needing money. A few solar panels, some rain barrels, a septic and you are free of the grid. Junk land, free of the bank. Bikes free you from Detroit and doctors visits. You aren’t investing right now, you are just paying bills. Invest now before you have fewer options.
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