75% of Your Retirement Income… from a Land Investment?
October 19, 2008 by Steve Haight
It’s been quite a week…
The Dow is bouncing around like a super ball on speed.
…down 700 points one day.
…up 900 points the next.
…then back down 500 points.
I don’t know about you, but watching that turns my stomach.
But here’s the worst part: the Dow’s activity is taking the hopes and dreams of much of America on an emotional roller coaster ride.
If you’ve been on that roller coaster these past few weeks, just brace yourself… because it’s just beginning.
(And remember, turmoil for one person spells big opportunity for another.
But as I talk with my colleagues, investors and potential investors, there’s really ONE question that’s on everyone’s mind.
That question is:
What Should I Do With My Money?
The answer, of course, depends on who you ask.
-The government wants you to know that “everything is going to be okay.” Just give us your money (and the authority to spend it as we see fit) and we’ll work it out.
-The Gold guys are having a field day with all of this. Of course, they’ve been waiting for a long time for Gold to shoot up to $2,000… Maybe it’ll happen. Maybe not. Either way, they’re shouting, “Buy gold.”
The other week, Andy Rooney even suggested that putting your money under the mattress might be the smartest idea. Maybe THAT’S the safest place for it right now.
(If you missed that message, here’s a link to the video:
Watch Andy Rooney’s video…)
But here’s the problem with that.
The Government printing presses are about to ramp up and become a source of practically unlimited funds. There’s really no limit to the amount of new greenbacks they can spit out.
After all, they make the rules…
But guess what happens when all this money hits the market?
Every Dollar You’re Already Holding
Goes DOWN in Value
So putting your money under the mattress isn’t really so safe after all. The government can ruin its value even there.
So the goal is obviously to take your money, and put it into a hard asset that isn’t going to lose 75% of its value by the time you wake up tomorrow.
So let’s just take a deep breath, calm down and enter a world that I like a whole lot better than the roller coaster ride of Wall Street.
Partly because I don’t like roller coasters and partly because the vast majority of my clients don’t like them either. Especially when it’s their MONEY that’s being taken for a ride.
Let’s talk about the ace in the hole we’ve got in the land business.
I’m not taking credit for this fact… but I AM taking credit for using it to my advantage and the advantage of my clients.
That fact is this:
We’re STILL Making People, But No
One’s Making Any New Land
Just like the value of your dollars goes DOWN when the government creates more of them, the value of land tends to RISE when the population grows.
And that’s happening of course. The population is GROWING.
Despite the doom and gloom, the clues are everywhere. Here’s a link to an article from the RJ (Las Vegas Review Journal) that appeared on October 7, 2008.
Here’s the title:
State’s Growth Projected to Continue:
Population rise of 49 percent seen by 2028
The hard number is 1.3 million NEW people in Nevada over the next 20 years.
And guess what…
Those People Have to Live SOMEWHERE!
But don’t think you can just go in and buy up all the land, sell it 12 months later and retire on a sandy beach somewhere.
That DOES happen… sometimes. But it doesn’t happen the majority of the time.
As a land investor, the one thing you MUST be willing to do is WAIT. 5-10 years is best.
What happens when your time horizon is 5-10 years?
Take my client, Beverly…
She’s been a land investor since the 1990s.
She’s 62 and been retired for about 8 years.
Here’s part of her story, in her own words:
| “I did want to let you know that the 80 acres I got from you was sold last year for $396,000!! I’m holding the paper and this made my retirement economically feasible, so thanks, and know that you should have great karma for a long time.”
-Beverly |
Were there bad markets during some of those years Beverly owned her land?
You better believe it…
But she waited… waited until the time was right to sell. And now Beverly is receiving payments every month for the next 12-15 YEARS.
In fact, it’s 75% of her retirement income. Month in month out… like clock work.
No matter what the market is doing.
Believe it or not, Beverly’s situation isn’t uncommon when you’re talking about land.
Could an investment in raw land be right for you? Maybe, maybe not… but definitely something worth looking into. Especially in this market.






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