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Regarding Iowa farmland... https://www.extension.iastate.edu/agdm/wholefarm/html/images/c2-70fig1.gif https://www.extension.iastate.edu/agdm/wholefarm/html/ima
by aliston 8y ago
Regarding Iowa farmland...
https://www.extension.iastate.edu/agdm/wholefarm/html/images/c2-70fig1.gif https://www.extension.iastate.edu/agdm/wholefarm/html/images...
But to your broader point, predicting where growth will occur, is literally the definition of investing. Investment is the allocation of capital towards areas of growth. Luckily, the global economy has generally grown over time, which means that generally investments such as real estate tend to grow as well, and faster than inflation.
I’ve gotta say, I appreciate your thoughts and perspective, but you’re going to miss out on a lot of growth if you only believe in investing in utilities companies and TIPS.
- deleted 8y ago[deleted]
- Retric 8y agoInvesting is creating productivity, speculation is predicting market trends. The can both make you rich but they are different things. PS: I chose farm land specifically because it’s value relates to it’s use as a productive asset. In Gerlach, Nevada you can get land as cheap as $157 per acre. Now, if we start running out of space for solar panels it might be worth something some day but for now it’s really not.