Archive for November, 2008

Ag-Rural Land Remains A Sound Investment

Wednesday, November 12th, 2008

11/12/2008 7:47:00 AM

Ag-Rural Land Remains A Sound Investment

The recent economic turbulence that has placed the Dow Jones Industrial average and global financial markets in turmoil has investors understandably skittish. With the value of their stock portfolios declining, Americans with discretionary cash are looking for alternatives.

Often overlooked is agricultural land. With one exception — that being the farm crisis of the early 1980s — rural land values have increased steadily since the 1950s. According to the U.S. Department of Agriculture, rural land values rose 13.5 percent nationwide during the previous decade alone, while dollars invested in the S&P 500 produced no gain after accounting for inflation (E.S. Browning, “Stocks Tarnished by Lost Decade,” Wall Street Journal, March 26, 2008). (more…)