Stock Market is the bottom in?

[hunts_with_stick]

Yup, can say the same thing here.

 

[PatinPA]

I’d give my left nu# to go back 20 years and make a purchase I had lined up . Long story but I could retire now .

It was 880 acres in Iowa and 750 were tillable . The asking price was 1100/acre. Had them at $1000/acre. This farm had ponds, wooded draws . It was amazing .

I was gonna do a 1031 exchange into it, but was cash short by maybe 50k . Dang I kick myself . Borrow from the FIL ? You know hindsight is 20/20.

Haha I still yell at my dad for not buying his neighbors property 25 years ago. A house and 100+ all wooded acres for $150K. And another piece on the backside that was 100+ acres that sold for something like $72K back in the 90's

 

[hunts_with_stick]

Haha I still yell at my dad for not buying his neighbors property 25 years ago. A house and 100+ all wooded acres for $150K. And another piece on the backside that was 100+ acres that sold for something like $72K back in the 90's

different times back then. We just bought our little place last year and then 12 acres right next to it 4 or 5 years ago. Was terrifying at the time, as it ate up our savings but it has all worked out. I'm saving now to try and buy more somewhere.

 

[Howboutthemdawgs]

different times back then. We just bought our little place last year and then 12 acres right next to it 4 or 5 years ago. Was terrifying at the time, as it ate up our savings but it has all worked out. I'm saving now to try and buy more somewhere.

Isn’t that the truth. I think most “normal” net worth people are terrified when they take that leap. Whether it’s depleting your savings or going further into debt or both, it’s usually a sleepless night or two. But it generally all works out somehow. And worst case scenario for most, you have an appreciable asset that you could liquidate and get back square if needed.