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NW Ohio | During the past 22 years my wife & I have saved for our three kid's college education. When we started with a broker, he said we were doing the right thing by starting to save "early" for that education. We invested in a few stocks and a few medium to low risk mutual funds with whatever we could gather up from the farm income. We learned a valuable lesson that "timing is everything". Had we invested those hard earned dollars in land, we would've had almost four times as much money in equity from the farm land. Of course, we would've had to sell the farm land or borrow against it to fund those college educations, but all in all, the financial statement would look very much different. Diversification may be good for some, but not good for everyone. | |
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Land Market
