Posted 12/21/2024 16:38 (#11020346 - in reply to #11020259) Subject: RE: Farming, government payments and return on equity
Crossroad of flood and drought
That net worth was paid for by the investment. So except for sweat equity it’s kinda free
Cash vs hard assets. Hard for some to understand.
Also the key to true financial independence is assets that pay your living expenses forever even if you basically walk away from them. Good land does that via rent.
Land is one of the few things that still pay you with zero labor and essentially zero maintenance assuming tenant is good.
Hard to beat that. It’s not real liquid but it’s a dang good never ending dividend