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Advice needed - what to do with money from house sale?
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kenneal - lagger
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Joined: 20 Sep 2006
Posts: 10566
Location: Newbury, Berkshire

PostPosted: Wed Aug 30, 2017 12:50 pm    Post subject: Reply with quote

I would be looking at what Mike Peplar and I have done; buy agricultural land/wood land and either live on it or near it. God ain't making any more new land!! If you can't work it yourself at the moment rent it out to give yourself a small income from the land (horses still pay quite well on small acreages and don't pollute the land too much).

Sell your current property if necessary and move to somewhere where you can buy both or buy some land and build on it or very near it.
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As Steve Keen puts it: “Capital without energy is a statue; labour without energy is a corpse.” Economics ignores this which is why economics is broken.
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