Investing in Land
Investing in land can be much more fun and emotionally rewarding than investing in the stock market. Stock certificates are only a piece of paper—but land can be visited, walked on, camped on, and hunted on. If ever needed, land can also be used as a getaway retreat and as a refuge from society.
In the past, a large tract of rural land was very limited as to its usage. Mainly, such properties were used for little else besides livestock grazing. Today, however, there are many potential uses for large tracts of rural acreage that can be investigated. Following is at least a partial list of potential uses.
- Mining activities
- Petroleum exploration and production
- Wind energy farms
- Water rights
- Solar power
- Geothermal
- Rights-of-way easements for pipelines and roads
- Fossil discoveries and excavations
- Hunting camps
- Recreational subdivisions
- Signage
- Sand and gravel sources
- New technology that might revolutionize agricultural operations
- Landfill
As can be seen above, investing in land today can open up many possibilities that previously didn’t even exist. No one can really determine with 100% certainty what profitable uses for land in the future will bring.
For those interested in investing in land, please click here.