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Anderson County Kansas | I farmed in the 80's, I started buying ground in the 80's. My dad and my uncle bought some land at the peak of prices in the 80's, actually quite a bit. My very best friend's and a couple of other of my neighbors lost their farms. I don't know where you get that I have a smug attitude. There are lessons to be learned from the 80's. To you it seems the lesson is don't buy ground judging from your posts on here. The lesson I learned are fix all the interest rates and take that risk off the table, don't get over leveraged and always look at worst case scenarios when making any large investment. I stand by my opinion that if a young guy has the money and is going to farm land is the best place to put it. I have two son's starting farming now and they are doing just that. You have been saying land is going to crash and recommending people don't buy ground for the last 10 years on here and you have been wrong. Nobody can time the land market, so the only way to own ground is to buy it when you think you can afford it. Also their were a lot of guys that went broke in the 80's that it wasn't buying land that broke them. I know of some neighbors that rented almost everything and still went broke. To blame everyone's problems in the 80's on buying land just isn't correct, their was lot's of factors involved.
Edited by cornstalk 2/12/2019 08:29
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Investments for 26 year old
