Quote:
Originally Posted by Dean2
Any investment that does not return a fair annual compensation and relies entirely on a gain in the capital asset's value is generally a very poor investment. Unless you are 100% certain the gain in capital value is going to exceed 10% a year I would never buy it. Even bare land should return 8-10% a year from surface rights or land lease for farming, storage etc PLUS capital appreciation.
|
You're just pulling numbers out your @$$. A quarter section of land worth $400k right now rents for $15k. You think 8% capital appreciation is easy ? Consistantly? It's not