|
Tractor Talk Discussion Board |
Re: Re: land prices
[ Expand ] [ View Follow Ups ] [ Post Followup ] [ Return to Forum ]
Posted by 333 on February 03, 2004 at 09:29:10 from (207.177.83.71):
In Reply to: Re: land prices posted by jf on February 03, 2004 at 03:27:13:
He might have basically farmed it for nothing, but in 20 years he has saved the amount of the interest payment, which you said is 1500 an acre if it doubled, x 185 acres is 275,000, you would have to have a darn good job, to invest that much in a 401k to equal 275,000 in 20 years assumming a anuall return of 7%. I think your thinking is wrong, I had a 40000 a year job and made a 30% on my stocks and only managed to make 10000 in three years starting from zero, putting away about 3 to 5 % of my salary, some being matched, how much would I have at 20 years at normal rates of 5% I do not think it would be 275,000 maybe a 100000.
Follow Ups:
Home
| Forums
Today's Featured Article -
Old Time Threshing - by Anthony West. A lovely harvest evening late September 1947, I was a school boy, like all school boys I loved harvest time. The golden corn ripens well and early, the stoking, stacking,.... the drawing in with the tractors and trailers and a few buck rakes thrown in, and possibly a heavy horse. It would be a great day for the collies and the terrier dogs, rats and mice would be at the bottom of the stacks so the dogs, would have a busy time hunting and killing, all the corn was gathered and ricked in what we c
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
Copyright © 1997-2025 Yesterday's Tractor Co.
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V. Yesterday's Tractors - Antique Tractor HeadquartersWebsite Accessibility Policy |
|
