Should I convert my corn into acreage? 🤔
Discussion
I think lots of people, including me, are going to borrow against our corn to buy acreage (when it makes sense).....instead if selling the corn.
Only if it's not all of it and you don't already have some.
One day...
You’re in control of your corn.
You’ll never be in full control of your land.
For me I will get that land when 10% of my stack can afford it. And by that time I hope it’s safe to borrow against.
My logic behind this is if I need to flee because of any myriad of reasons, I still have the corn to go.
No one can really advise you on the best decision for yourself. But it is a good mental workshop to think.
A way I think of it is;
The best time to plant a tree was 20 years ago. The next best time is today.
Do you have goals and plans with this land that will suffer if you don’t act now?
I struggle with your same conundrum as well my friend.
All our goals and dreams are different.
No
i dont know if the exchange rate is good for that right now. weigh in what could change in your life between having corn or acreage.
Wait until after the purge of remigration and the monetary premium is removed from real estate. Not a good time now.