Posted by Foghorn Leghorn on April 25, 2010 at 17:49:25 from (67.142.164.32):
In Reply to: one more time: Gold posted by Hughb on April 25, 2010 at 12:13:43:
Don't get me wrong. I like land and wish I had more of it. However, it is not a no brainer, and paying too much for it can ruin you.
The other disadvantage of land is that it can be taken away from you. We have some of the highest property taxes in the nation here, and they just keep raising them Mine went up 11.75% last year and up over 120% total since 2002. People are being taxed out of their homes and livelihoods here--and the government does not care. You do not know what it will cost to keep land--I hesitate to really load up on it.
Gold has its disadvantages too, and the posts about wall street being a stacked deck against the little guy DO have merit.
However, the best alternative is buying OIL in Canada. Canada is in better shape than we are and more stabil. Your dividends are paid in Canadian dollars which protect you against what the gov. is screwing up here.
Lastly, as opposed to gold, you get a cash flow from your investment, AND we will be using oil for many years to come. There STILL is not a viable alternative. This is a good place to be IMHO
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
