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$50,000.
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paul the original
Posted 9/13/2010 11:09 (#1357902 - in reply to #1357865)
Subject: Re: $50,000. Depends


southern MN
It certainly depends, I agree. Diversified investments is probably a good idea. One's level of risk, and where you are at enters into it too.

A lot of folk aren't aware of tax free bonds, so I mentioned it. They have many interest rates - broker just mentioned one showed up at .76% - yikes. Typically they get bid to a 3-3.75% return, as you say. With farming I tend to see high & low incomes - mostly low - but those high years it's nice to have some tax-free income.

Myself, I'd consider the tiling, nearby land if $50k gets you into any, or other farm investment as others mention.

--->Paul
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