3 ms·
>your retirement plan must involve children or some community inheriting it and taking care of you in your old age. My farmland pays a rent dividend on the ord
by baremetal 3y ago
>your retirement plan must involve children or some community inheriting it and taking care of you in your old age.
My farmland pays a rent dividend on the order of 2-4%/yr and I don't even have to be there or even show up to collect it.
I bought my farmland because I consider it doing my part to preserve the planet. I'm a big believer in the future of locally produced food and more local communities in reducing emissions and _corporate wastefulness_. As a side benefit it will preserve my standard of living. I thoroughly enjoy steak and so do a lot of other people. Livestock, land, and gold have preserved wealth since ancient times.
- pb7 3y agoIf your farmland continues to yield 2-4% when shit hits the fan, I will dump my inflated money into an ETF that holds farmland.
- 29_29 3y agoNot a bad time to buy a farm. Prices are coming down; my yield is a little bit different 1/3 of it is wooded/water - but its probably close to 2% plus tax benefits.