Farm Land is a Great Investment

In addition to health concerns the Covid-19 Pandemic has brought about many questions and changes in the economic/financial well being of most everyone.  The Stock Market showed about a 30% drop in value during the week of March 16 to 20, 2020, and seems to be hovering around that new value, some days up a bit and some days down a bit.  This has resulted in many conversations regarding where is a “true” safe place for holding capital year in and year out.  While many will point to the old faithful Gold index, perhaps now more than ever the safest place is possibly in good ole dirt!  People will of course always need to eat and as a result it stands to reason that Farm Land will always be needed. Buyers of Farm Land, whether the Farmer or an Investor, are in reality both Investor’s.  Yes Farmers use the land to produce their crops of choice which provide a financial return and way of life.  That said, the investment of their capital into Farm Land also provides a retirement source which over the last dozen or so years is a far safer haven than the Stock Market.  It really is this simple, people will always need to eat, and the Covid-19 Pandemic has provided a forum for people of all walks of life to re-examine what is important in life.  Farm Land is a great investment now and always will be.  This will translate into good returns when the time comes to retire!  Whether you are a local Farmer or an Investor, give the Professional Land Consultants at Hammond Realty a call to discuss how increasing your Farm Land portfolio is a great way to plan for the well being of your financial needs both now and long term.

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