|
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 -
Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
... [Read Article]
Latest Ad:
2022 John Deere 5045E, 4wd, front end loader and 3rd function with grapple. 120 hrs, 55k new, must sell
[More Ads]
Copyright © 1997-2024 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 |
|
