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Bobwins

02/03/08 11:12 AM

#94039 RE: kipp440 #94038

Good thoughts, Kipp....

I am headed to Vegas for a few days so keep the peace boys. We're all in this with the same goal. To share information and opinions open and honestly. I'm sure we've made several fortunes collectively and there are many more to be made.

Bad market sours everyone's mood but the truth is, we just have to work harder to find things that work now and in the future. We all have our own strategies. Doesn't mean there's one perfect way to handle this adversity. Stay calm and work hard! Bobwins

PS Whatever I made from VMC stays in Vegas!
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stock_peeker

02/03/08 9:35 PM

#94055 RE: kipp440 #94038

Real Estate doldrums are upon us ... I don't see an absolute debacle yet, but I do wonder what depreciating home prices will do to the cost of agricultural land; it's been undervalued for many years and has suddenly surged in the last few years.

The move to use ethanol instead of oil (dead dinosaur juice), including that derived from corn and trees, will give some support to agricultural land. Unfortunately the holding costs to maintain a family farm keep going up as the equipment is more expensive, seed and fuel are on the rise, and taxes go up with the land values.

Depression? I doubt it.
Inflation? You bet!
(and post turtle George gets all the credit, and Halliburton Dick gets all the dough)

'peeker