gotta love it if you wanna have timber land. more recreation value, compared to growing timber
I respectfully disagree completely. You have to remove the emotion if you truly want to maximize value.
^^^This. Plus, it’s a marathon, not a sprint - i.e, not a flippers market. Not a great investment if you are using borrowed money and have to cash flow every 30 days. But, if you you’re willing to park money like in the stock market or mutual fund, the long term yield isn’t something to sneeze at if you manage properly and are able to hold on IRR until you can take advantage of a spike market. Plus, neither land nor timber will ever go to $0 like the Colonial Bank stock I had a few years ago, and you can’t make memories with your children spending a weekend on a mutual fund.
