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You could start a rotation of timber harvesting. Then you're collecting interest on that money in the bank, without clearcutting your capital. In the big pictur
by ip26 6y ago
You could start a rotation of timber harvesting. Then you're collecting interest on that money in the bank, without clearcutting your capital. In the big picture you'll get more value out of your asset that way.
- sigmaprimus 6y agoThats a good idea, unfortunately most of the trees worth harvesting are 60+ years old, im not sure I have enough years to do that. Truth is I was having a weak moment when I wrote that comment, I dont think there is a homesteader that hasn't share my thoughts at some point. Sorry for the whining rant!! Chin up!
- ip26 6y agoOnce you establish a track record with a clear path forward to perpetual annual yield, whenever you want to sell the property it can be valued based on the projected ongoing yield, even if you don't personally harvest any trees you yourself have planted. Just trying to provide a middle pathway that compromises between "cash it all out" and "leave it pristine & don't touch anything" :)
- quixoticelixer- 6y agoDepending on where you are there are many commercially viable trees that have rotations shorter than 60 years