Your Survival Guy

Preparing your investments and family for when disaster strikes.

Disclosure

Can You Live Anywhere You Want in the World?

By

By Eric Buermeyer @ Shutterstock.com

Have you heard of Sprout? It’s not a food. It’s a company that’s involved with building the future. Literally.

Sprout is part of the tiny house movement where the dream of living in 300 to 600 sq. feet becomes a reality.

Sound like fun?

Maybe not.

For you at least.

But hear me out.

As real estate prices become more and more expensive in places we want to be—who services them?

Think Baby Boomers and think Millennials. How do they co-exist successfully?

It’s becoming more difficult in desirable places. Desirable being the driving force.

Off the top of my head, and from experience, I’m thinking: Key West, Paris, Newport.

I’m sure you can list three areas just as fast.

I like the micro housing approach offered by companies like Sprout Tiny Homes. Would I invest in the company? No.

Moving on.

And it doesn’t have to be about Millennials. It can be about you.

Small houses might be a way for you to own two houses. You can live where you want to live, when you want to live there.

Avoid the onerous taxes in your state. Live and die tax-free.

If you can handle living In New England, moving to the Portsmouth, NH area has some appeal. But the winters are tough. So go to Florida when it’s too cold for you.

OK so you like your town. Fine. If you live in Connecticut, for example, a double play could be turned with a residence in Florida. It’s what the hedge funds are doing. Not that you want to follow them. But you get the point.

Only you can create your future and it doesn’t have to involve a big house, and you don’t have to live where you don’t want to be half of the year.

Sprout Tiny Homes

The following two tabs change content below.
My Twitter profileMy Facebook profileMy Instagram profile

E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.