gold, page-23656

Skol wrong again.

I like property but I have mentioned many times it needs to be bought 100% without debt now and clear held legal titles. If it a was 1971 then great start buying a property portfolios from auctions or the like with loans but its 2017 and we are at the end game of the fiat regime. It is Russian roulette at this point if you are highly in debt it going to be a big problem.

If you own property outright without banks claims against the title that is great as the income will always amend to the property value to create fair income value (FIV) which will offer a purchasing power secure income system in to any crisis or worse give or take the bleakest of scenarios.

A good portfolio in 2017 (NOT 1971) has property owned outright, land, gold, silver (physical), gold/silver miners shares, incidental hard/real assets, and I may suggest commodity company exposure in underlying asset not anything else.
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LOL
If you've won lotto. How many people can afford to buy a property unencumbered, virtually no one? I had debt 3 decades ago you wouldn't believe, if something bad happened I would have gone broke, but it worked out in the end, it was tight for a while when their was a recession but I managed to get through it.

No one I know of ever made their fortune out of gold or silver bars, it's crap and a complete waste of money. Debt's just a part of life, I don't have any but I'm not young, but for young people it's necessary to get on the train.

Maybe you could give us all a rundown on how young people buy a house without debt.