News Channel Mortgage

And I am chuckling!

I didn’t think I actually espoused pro or con on the issue!

So, in one corner is the contention that owning real estate is a safe investment (which implies debt accumulation, and faith in the survival of the banking system), and in the other, is the contention that no debt, and investments in paper cash (or possibly commodities, in the form of REAL food, fuel, and ammo) is the safest, due to an imminent collapse of the banking system.

Loads of room in between, and probably a few defensible positions even more extreme than the polar opposites defined.

But I guess I have a bias, too.

First, I want to survive (in business, in life, in spirit), while maintaining certain philosophical ideals. A non-surviving idealist is not of much use to anyone (however, there are legitimate questions regarding their usefulness when alive), so I temper the idealism with a healthy shot of pragmatism. I see alot of that here.

Second, I want the community to survive, meaning the overlapping circles of communities that I belong to, up to, and including the community of life on Earth, with greatest concern for those communities closest to me. Again, largely a shared value, I believe.

Third, I think liquidity of assets is very important in uncertain times, but there are opportunity costs associated with liquidity. That was kind of my question for Eleua. I would be glad to hear others opinions as well.

Thanks for reading, and writing. You are a VERY interesting bunch to know, and learn from.

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