Monday, October 18, 2010

Investing in hardwood?

You might want to check out this example of long term growth.
The writer suggested planting trees on 40 acres might be a great investment for retirement. Of course she is a good deal younger than us. We did add three fruit trees to our property last year. The amount of water it takes to establish fruit trees is amazing! Hoping for some yummy apples and pears next year.
The previous owners took out about twenty fruit trees and several pecan trees because they were not "pretty". Bummer for us!

We think about our "farm" as a place where our children and grandchildren can go for years and years. Is there a downside? Yup. Our county considers our land investment property. Maybe it is because so many deer and turkeys like it!

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