buddy bought ranch in hawaii at low
sold ranch at high enough
bought ranch, leased more ranch, locked up water rights in utah
sold off sheep and cattle at respective highs
rented out ranch for growing hay
leased out water rights
then discovered light green crude
signed option with cheveron wolverin @ 15 fold markup to land cost
now waiting for 18% royalty, or renewal of option when expire
however, this is most certainly not a recipe for all, most, many, or even some, but for a very few folks, to the point of not worth mentioning, even in passing
gold, on the other hand, is for the masses
by the way, my purchasing power loss on goog short does not even make a round up in your same loss via your advocated home ownership - though, admittedly, my goog short did not provide shelter and three bathrooms, however amusing |
