serf
Member
- Location
- warwickshire
And when you get there dump the cash and give them the wheelbarrow to pay for bread !!!!Wheelbarrows.
To cart around the million pound notes in to buy a loaf of bread
And when you get there dump the cash and give them the wheelbarrow to pay for bread !!!!Wheelbarrows.
To cart around the million pound notes in to buy a loaf of bread
Buy sheep
who said anything about borrowing to invest in bubbles.... "UK utility company shares. So dull. So reliable"No. I'm actively pursuing the "refuse to put money into bubbles, but unfashionably pay off debt" plan. It's not popular, but it is reassuring.
Buy moreI did/have!!
Just for balance, when I was a tenant, one of our assistant Land Agents did similar .Local farmer and his wife ran a brothel for a bit.
Never goes out of fashion although he did go to jail for a bit and disappeared.
Rented farm
If we have half a decade of significant inflation the real value of the debt will fall. Just depends whether or not the interest is serviceable?No. I'm actively pursuing the "refuse to put money into bubbles, but unfashionably pay off debt" plan. It's not popular, but it is reassuring.
As a farmer what % of your wealth is in cash ? I bet less than 10%. Inflation has already happened scrabbling to buy an asset to get rid of cash is probably the oppersite thing to do. Look at warrenbuffet how he makes his money...... waitingHow old are you?
Cash is about the last place you want it, if inflation is bouncing along at 10-20%!! Your pot diminishing in front of your eyes!
Been there, still got the Tee shirt.... Still paying 10% to AMC....
I think ready has..... then add free money and ultra low ratesWho thinks this inflation fear is going to drive up land prices?
I think ready has..... then add free money and ultra low rates
Not as much as the rise in house pricesI think ready has..... then add free money and ultra low rates
Are rates that low and where is the free money?
Just for balance, when I was a tenant, one of our assistant Land Agents did similar .
Been seeing a couple of articles about the worrying likelihood of a ramping up of inflation before long... Sprog 2 works for a investment and wealth management outfit, and they are spreading investment risk on the basis of an increase.
As anyone over mid 40s will be very aware of, it's not good news... at all!!
So, what is the best place to put a few quid of farming cash to safeguard it medium term, as in not a land purchase sum either! Not sure that my accountant will be overly impressed at my buying bullion?
So stock? Inputs?
Buy a Fendt!