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 […]
