Invest in Real Estate Like the Wealthy

Ever now and then, I find it fascinating to review what are the buying trends of the wealthy.  I discovered that the wealthy are not shying away from real estate, but they are re-focusing their wealth from one commodity to another.    The wealthy are buying land.  Yes, that right land and acres of it.

Ted Turner, for instance, owns about two million acres of land to include 15 ranches.  His effort would definitely be appreciated by animal lovers everywhere because he may have single handedly save the bison.  The bison which were near extinction now inhabitant much of his land and are now 45,000 strong.

The owner of Burt’s Bee purchased several acres but recently have been criticized for not allowing hunters to hunt on the land.

You may be wondering why land.  Well, land unlike stock will never go to zero.  The land that the wealthy purchase can be used for several other things like testing a development vehicle, recreation, or hunting.

Still yet, land can be divided into resources that makes owning it more profitable.  Imagine if you will the Beverly Hillbillies, the land they owned had oil on it.  Yes, oil and the discovery of that oil made them rich beyond imagination.

Land can also produce income by selling and planting of trees.

You can even, if you own enough, sell the air rights, mineral rights, etc.

Therefore , the next time you have an extra million or even thousand lying around consider investing it in land.