Recession, high interest rates, bear markets, high inflation… buy managed farmland now!
Sometimes I hate it when I’m right. Unfortunately, my prediction early last year that we would suffer serious inflation in 2022 has come true. Despite what the White House and Federal Reserve had been saying, I was right. Now, we’re in a recession and it’s only going to get worse. Economies around the world are […]
Buying Teak: Create a Passive Income And Long-term Family Wealth
In 2008, as the U.S. and the world were facing a dramatic economic downturn, NuWire Investor developed a list of the top 5 recession investments. Number 2 on that list was timber. One NuWire article states that, “Timber is one of the safest and steadiest growth investments available, protecting an investor in times of inflation, […]
Dragon Fruit, Limes and More in Maui
My wife and I reprised our Maui honeymoon during the first 10 days of September and had a fabulous time. When we were there 6 years ago, I remember being a bit shocked that commercial cultivation of sugar cane and pineapples had all but ceased. Well, a lot has changed over the last 6 years […]
Owning Farmland: Will I Owe Taxes?
Owning managed farmland is a smart investment. Managed farmland consistently increases in value, is a strong inflation hedge, outperforms the stock market, provides a long-term passive income and allows you to diversify away from the vagaries of Wall Street. But, like any income-generating investment, there may be taxes involved and maybe even tax advantages. Whether […]
Use A Self-Directed IRA or 401(k) to Buy Farm Land
You’ve got some investments but you’re worried about the future. You’ve done your research. You know it’s critical that you diversify your holdings. You know that putting money into appreciating assets that produce high-demand products and a passive income just makes sense. But you don’t have the funds to make it happen. […]
Financial Diversification: Are You Truly Diversified?
You’ve been working hard and looking down the road towards the day you get to stop working. You’ve been socking away money so you can retire in comfort, do some traveling, play more golf and spend time with the grandkids. You’ve got a savings account, a separate retirement account comprised of mutual funds (an IRA, […]
