Re: Iowa farmland value up 21% for year ending September 1st!
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this is not even close to comparable. the power of real estate is in the #s. a 21% increase in land value can be a massive return.
lets say it is $5k/acre (made up #s) and you own 100 acres financed w/ 20% down.
you put up 100k + fees/closings etc. (not counting benefits from renting which would obv more than offset those costs)
if the price increases by 20% (to 600k), and you sell in short order, you haven't made 20%, you've made 100% return
Barron
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Dear Barron,
I can get 4 to 1 leverage on daytrading or 2/1 on overnight or longer trades, so can nearly anyone with $25K for that matter. My examples are easily comparable to land and much more likely to profit from multiple transactions since the cost to buy and sell land is so much higher (both on a cost and on a percentge basis) than my expenses to trade stocks and options.
Jimbo
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