Financial Talk
DiscoverNorthTexasMagazine.com
Considering land as a retirement investment: How can we outpace inflation and plan for retirement when our investments are not making much money? What exactly are tangible investments? My dad would say classic cars, but tangible investments can include real estate, businesses, commodities and natural resources like oil, precious metals, minerals or agricultural commodities including livestock. Other tangible investments can be jewelry, firearms, fine art, cars and antiques. Diversification is key when investing, so let’s decide to invest in tangibles that we can enjoy before retirement! Life is about psychological fulfillment and honestly transferring money to an investment account depresses me when my return is at 8% and inflation is at 22%. Those percentages are probably not exact, but they sure seem that way. Tangible investments
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THE BENEFITS OF INVESTING IN LAND
LAND PRICES ARE ONLY GOING TO GO UP By: Amber Sanders
can come with more opportunities to make money. Here’s an example, buying property and leasing it out for hunting, livestock, horse pasture leases, RV parks or camping can bring in revenue. There are more creative ways to make money depending on the type of land and location. Every month I read the land values of north Texas. Properties are listed by county, price per acre and number of acres that were sold. The land prices are increasing every month for every county. This made me think about investing in my future for retirement. Being self-employed, I must create my own retirement. I can invest in several types of investment accounts to handle money with the goal to retire, but “What if?” What if I used that same amount of money per month and
