Re: How Japanese Wives Save Money
On 13 Jan 2005 05:48:56 -0800, "John W." <worthj1970@yahoo.com>
brought down from the Mount tablets inscribed:
>Ryan Ginstrom wrote:
>>
>> One form of investment she thinks is worth it is land, and despite
>the crash
>> in land values in the 90s, enough fellow Japanese seem to share her
>opinion
>> that she is probably right.
>>
>A few years ago I would have said it's crazy to buy land in Japan, but
>it all depends on the location I suppose. Does Japan offer tax breaks
>to farmers? I know several 'farmers' in the US that benefit from some
>IRS breaks, though I'm not sure of the specifics. But if so that'd be a
>good reason to buy land and then either lease it out to farmers or
>plant some apple trees and call it a farm.
>
>Investing is something I'm terrible at. Luckily in the US a regular
>savings account (hell, a checking account for that matter) earns more
>interest than in Japan.
Burying it in a hole in the back yard comes damned close to earning
more interest than putting it in a Japanese bank.
--
Michael Cash
"I am sorry, Mr. Cash, but we are unable to accept your rap sheet in lieu of
a high school transcript."
Dr. Howard Sprague
Dean of Admissions
Mount Pilot College
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