I agree with you. I just turned 30, and still have a long ways to go My goal will be around 1K ounces!
Yes, all of these things are true. Here is what I would say. If I could squirrel away enough over three months, and I could buy a hundred acres - 40 hectors - or put that money in silver, if I like the land, I believe that is my choice. Buy land for a few years, acquire a couple thousand acres of 'good land'. Undeveloped, but desirable -probably farmland that could be leased to pay the taxes and maintenance. Better real estate than the stock market - when you have that much disposable income. JMO To me the real problem of land, is not related expenses that depletes wealth, but lack of mobility. Your wealth is nailed to the ground, difficult to defend. 1000 pounds of PM can be toted around in a pickup truck. The other issue is liquidity. What is the purpose of wealth if not to transfer ownership at some future date, to realize the benefits of the wealth. Tracts of land - even one huge tract, lacks the liquidity of PM. I like silver. It suits this person, at this time. Insurance, investment (some would say speculation), amusement, in no particular order.
