Inflation and retirement

alh
Mon, 24 Oct 2011 13:43:08 +0000

Any idea how to invest in this short of buying and running a farm? My last name is not McDonald and I am not Old so I don’t plan on spending time with chickens but I sure would like to profit from some one else’s hard work. Ain’t that the American way?



Rent to someone else to farm. Or you can plant pine trees, but this is an investment for your children & grandchildren. Timber prices have been so low since 2008 that it isn’t worth putting it out to bid for many folks.

It seems to me acreage prices are as low as I have ever known them to be. But it also seems to me land is something that has some intrinsic value. maybe. I would rather own land than stocks or have a whole lot of cash in the bank.

When you own land, you usually also have the mineral rights which can sometimes turn out to be a good investment. But again, maybe for a generation down the line.

edit: you can lease to a hunting club