Where To Invest Your Money

Monday, October 19, 2009:

Where to put $100,000 or $1,000,000

A recent article posted on CNN MoneyOnLine suggests that the best place to put your spare dollars is to avoid the “tax man” by buying “Munis” (Municipal funds) with a return of just over 4%.  WOW! Now isn’t that a great return on your hard-earned money? Or NOT!

You may want to consider a wise alternative.  As Mark Twain once said “Buy land, they’re not making it anymore”. While some may think that’s just a cute expression, it’s also quite true.

When you own land, it doesn’t call you in the middle of the night when the toilet is stopped up.  Nor does it send you a quarterly statement showing your stock portfolio has tanked.  In fact, it never calls you at all.  It just sits there growing quietly in value – often by leaps and bounds.  It can also provide income.  Here in the mountains, you can lease it for hunting or sell the timber.

When you’re ready to sell, you can also avoid the “tax man” by employing a “1031″ tax-deferred exchange.  Instead of taking your profit in cash, you simply purchase another larger parcel of land, and grow your wealth even faster.

Granted, if you’ve never owned a large parcel of unimproved land, it may sound a little scary.  It’s not – once you understand the process.  You can even own land in your IRA.

As Mark Twain also commented: “Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.”

Still uncertain?  Call, 800-849-9225, Email Paul or simply stop by to learn more.  You can even begin by just downloading a FREE copy of ”Carolina Dreaming“– our land buyer’s manual.