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  • Welcome to 'Ermflation' [View article]
    Brutto - - -

    Regarding you comment on real estate, I would like to add two cautions. If you bought a home or a farm in the 1920's, in some parts of the country you were underwater until the end of WW II.

    My first caution is: To be sure of recovery of investment principal be sure you can have a time horizon long enough to cover any possibility.

    Another example would be real estate values in many parts of Detroit have gone down precipitously over the past 30 years.

    My second caution is: Location, location, location.
    Jan 10 00:27 am |Rating: +5 0
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