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To: SatinDoll
My house and car are paid off. I still have bills: electric, cell phone, car and house ins, water bill, and a credit card bill. I have to have a checking account to pay those. Unfortunately keeping a minimum balance gets you a hefty monthly service fee at Wells Fargo.

Putting my savings into land and real estate sound like a risky investment. If the SHTF will land and real estate have any value?

22 posted on 03/18/2013 8:02:08 AM PDT by heylady (“Sometimes I wish I could be a Democrat and then I remember I have a soul.”( Deb))
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To: heylady

Yeah, good luck holding on to any land or real estate you don’t personally occupy if things go south. You will need a small army or it will simply slip through your hands like dry sand. Good luck with that.


23 posted on 03/18/2013 8:09:46 AM PDT by Obadiah (High speed, low drag.)
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To: heylady
Unfortunately keeping a minimum balance gets you a hefty monthly service fee at Wells Fargo.

Get an account at a credit union.

26 posted on 03/18/2013 8:17:38 AM PDT by Harmless Teddy Bear (Promotional Fee Paid for by "Ouchies" The Sharp, Prickly Toy You Bathe With!)
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To: heylady

I pay my bills with cash.

As for land and real estate having value, it depends where you are located. But with land you can grow a garden, have a few chickens and low frame cattle. Everyone likes to eat!


31 posted on 03/18/2013 9:02:30 AM PDT by SatinDoll (NATURAL BORN CITZEN: BORN IN THE USA OF CITIZEN PARENTS.)
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