My real estate investment is in a substantial number of farms, which gained 34% in value last year. I can thank the Fed for QE which is why farmland has proven to be a great place to invest.
I have to give a hat tip to you for having the brass tacks to invest in land of any sort over the last few years. While completely unrelated I was "lucky" enough to sell a parcel of hunting land right before the collapse. That October day just a few years ago was right at the same time the market was tanking. I will never forget going to deposit the check and people were lined up at the bank with gym bags, brief cases, just about any thing they could stuff money in. It truly is amazing how our Government put the lid on that because every bank around here that day had lines of people wanting their money and not a peep of that made the news.
Ag stocks have always been a favorite but lately I've been hearing farm land has shot up so high there is fear of a bubble there. Any thoughts on that?
BTW any one catch the move on the rails today?
Dave
