Fannin County Real Estate

Have you ever considered investing in land?  Lots of have and eventually do invest.  Many years ago I had the opportunity to visit with a senior level Vice President of one the largest investment firms in the country.  In this visit I was expressing my frustration with investing in the stock market.  This prompted this gentleman to tell me something that I thought was profound.  He told me that when he first got into the investment business, his mentor advised him that if he want to retire with plenty of money he should buy land.  His advise was to go to the outskirts of a large town and buy all of the land he could afford then sit on this investment for 30 years or more.  This gentleman did just what he was advised and sure enough, at the age of 65 years or so, his investment was worth millions.  He told me that he had watched with keen interest this phenomenon for many years and for the most part it almost always worked.  Now, there are obviously many issues that must be considered to make this work.  Not just any land investment would do the trick.  For example, don’t buy a swamp and expect it to be worth more 30 years later.  Choosing the right tract and properlymanaging this tract is important.  You can also expect to experience fluctuations in value.  Land is also not particularly liquid but over the long haul, I have not seen any other investments that offers thist with a relatively low risk.  Plus as I have said many times over the past 30 years, at the end of the day, you can actually find your land.  You can go touch it.  It does not go away and there not making any more of it.  Can’t say the same thing for stocks and bonds.