A Basic Necessity – Part 3

“What can we buy?” This was what most prospective home-buyers asked. It was the wrong question. The right question to ask was “what should we buy?” Or, “should we buy at all?”

For us it didn’t make any sense to buy, even though we had zero debt, enough cash, and liquid assets. “Cash” sounded great in years when the markets were down, but it was the worst possible situation during times of super-inflation and every equity market at record highs.

So we needed a place to put our cash to prote...