Is a good moment to spend savings in buying the land or should i just keep the money?

I saved enough money to buy a patch of land as a beginning to my goal of having a self-sustainable homestead and build a cabin in the future.

The thing is due so much fear-mongering and negative predictions of blackouts, food shortages, hyperinflation would be better to keep the money if a major need happens?

What worries me is that if I dont take action some other dude would buy the land I like, and it’s really hard to find a good plot here in Europe where land is scarce.

I think that so much negative predictions are fake to keep people in distracted in fear.

Do you recommend to go for the land or be a prudent squirrel if the winter comes?

In favor to buying is that if inflation comes all my savings will lose value so it would be better to buy?

submitted by /u/Phrare
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I saved enough money to buy a patch of land as a beginning to my goal of having a self-sustainable homestead and build a cabin in the future. The thing is due so much fear-mongering and negative predictions of blackouts, food shortages, hyperinflation would be better to keep the money if a major need happens? What worries me is that if I dont take action some other dude would buy the land I like, and it’s really hard to find a good plot here in Europe where land is scarce. I think that so much negative predictions are fake to keep people in distracted in fear. Do you recommend to go for the land or be a prudent squirrel if the winter comes? In favor to buying is that if inflation comes all my savings will lose value so it would be better to buy? submitted by /u/Phrare [link] [comments]

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