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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: bart13 who wrote (83670)11/26/2011 3:54:40 AM
From: Maurice Winn2 Recommendations  Read Replies (2) | Respond to of 218125
 
Cool, the last word, thank you for that. My position is simply reality. Can't get more robust than that. 400 years of solar activity is a pretty good record with a 10 year cycle. 2020 is the test, coming right up. Just as with tsunamis, volcanoes, earthquakes, CO2 and whatnot, I position myself to have a low probability of harm if what I expect to happen happens, while not incurring costs in case what might happen doesn't. It has been a highly successful strategy. I have bought a house on the top of landslide country, a concrete house with chimneys in an earthquake zone, houses in volcanic land, a house on the coastline - got away with it each time, because each one was out of reach of harm, and I made it so [near enough for the probabilities].

I would NOT be buying property where snow could accumulate in 2020. Low probability events of high cost are good to avoid if there's no particular merit in carrying the risk. But some risk is good and worth taking if the discount is great enough.

So, in the earthquake zone, I removed a chimney and took out the high, unstable hot water cylinder. In the landslide house I collected and piped most of the water off the property, on the coastline we were above sea level sufficiently to cope with nearly all tsunamis, in Auckland the volcanoes won't happen where we are.

If a Little Ice Age or worse resumes in 2020 a billion or so people will want to relocate towards the equator. Selling houses in Helsinki won't be successful. Northern England either. New England less than ideal.

Being magnanimous, I hereby offer you the last word.

Mqurice