A reader last week asked, “What kind of home can withstand fire, hurricanes, floods, heat domes, and polar vortex?” This is a great question. I love the challenge, so here we go. Flooding and Landslides Think ahead and ask yourself, “what if” before or even after buying a property. For example, my first home was built to suit my engineering brain. It is wonderful for heating with a wood stove and is very practical; it is not huge and can be expanded with nice amenities for a family. It is built on the side of a bluff in the great…
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If there’s one thing that most people painfully realized over the past couple years, it’s that there is risk in putting your money in anything in hopes of earning a return on investment. Riding a company into bankruptcy is an obvious one. I’ve done that several times by investing in fast-growing start-ups, initial public offerings (IPO) and stock options. Invest $3,000 for 100 shares of common stock and a few years later the company emerges from bankruptcy (isn’t that a cute phrase – it sounds like a daffodil blooming in spring but it’s more like rummaging for your charred silverware…
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