Posted 2/11/2019 11:31 (#7313425 - in reply to #7312261) Subject: RE: Investments for 26 year old
I'm 27, in a similar position as you. Bought my first farm 4 or 5 years ago now. Will have a pig barn paid off by the end of this year, half on the other one. Work in town, max out the 401K limits. My biggest advice, and many below have already said it, is to plan some traveling with the family. I'm a big travel fan, and the best investment I've ever done is investing in myself by traveling. I'm not talking to beach front property type either. I'm talking mission trips to third world countries. You will have your eyes opened like you never thought possible. The people in these countries are so smart and creative its amazing. I've been a few over the past few years and the entire time I'm their I'm thinking about how that relates to my farm. "wow I wonder if I could use that same method on my farm" everything you see will be amazing and a true experience.
But to each their own, if that doesn't fit your goals then whatever I guess.