Bargain Hunter
Active Member
No I didn't buy Macquarie Bank. As a rule I don't invest in banks, investment banks or insurance companies as I find them to be far too risky, too opaque and too complicated.
Bargain Hunter said:Kawa I suspect that 7.9% net yield obtained from sugar farming is because of the current high sugar prices. How confident are you that sugar prices will stay this high? If sugar prices dropped 50% and stayed down for 3 or 4 years would the cane farm you currently own still be profitable?
zargor said:Hi All
Has anyone looked at investing in Australian farmland, either through an SMSF or other entity?
Through a bit of research, it would appear that most farmland investments are geared towards the big end of town or for those with a few million to spare.
Does anyone know if there are opportunities at the lower end of town for retail investors? I'm aware that there are some managed funds springing-up to cater for this area, however, I'me always gun-shy of managed funds and prefer something leaning towards a more "direct" ownership.
Any ideas, thoughts, experiences anybody has had?
Zargor![]()
Golden Boy said:Did you hear about the farmer who won lotto? They interviewed him and asked him what he planned to spend it all on, he said he'd probably just keep farming 'till its all gone.