Pretty much agree residental property will likely be the better buy, and if younger would seriously consider making an investment. But regardless of the potential returns I'm not going to hassle with home rentals primarily because it isn't financially necessary. If younger and required further capital appreciation it looks like a good avenue. I could take a hit on buying farm real estate at today's prices, but have enough already invested that unless I went crazy it wouldn't be such a painful blow. Believe significant inflation is on the horizon and much better to have hard assets rather than cash. Gold is OK but only an inflation hedge not for capital appreciation.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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