Posted by aFORDable on February 17, 2012 at 13:45:12 from (204.10.130.178):
In Reply to: What to invest in????? posted by wilson ind on February 17, 2012 at 06:58:47:
Land would be my consideration. I would not consider old tractors/equipment at all. Their rate of return is equilivent to a cd. I also wouldn"t consider old cars/trucks like some have mentioned. Those 50"s, 60"s & 70"s cars may take a nose dive in value when the baby boomers generation passes on. Most 45 year olds and down have no appeal in those cars. Also, there is no quick rich investment out there for most investors so it pays to be careful with what money we do have. As the old saying goes, "a bird in the hand is worth two in the bush".
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Today's Featured Article - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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