|
| Imo your better off to invest in low cost index funds, especially as many dollars in to Roth accounts as possible for now. Then in 40 or so years you will have the cash to buy some farms if you still want. Not exactly why you want to hear but unless you have an off farm income that can cover the negative cash flow you’re out of luck.
That’s where the index funds come in. You can use compound interest to your advantage to save up a down payment or just keep the cash. I like farmland also but a ton of fortunes are made by slowly and consistently investing in index funds also. | |
|
How can a young farmer afford ground?
