Is Farmland a Passive or Active Investment? ๐พ๐ผ

When considering where to put your hard-earned money, farmland often crops up as a potential asset. But is it a laid-back, watch-it-grow kind of deal (passive), or does it require getting your hands dirty (active)? Let's explore! The Case for Passive Income ๐ง♀️: Appreciation: Historically, farmland values tend to appreciate over time. You buy it, hold it, and hopefully, it's worth more later. ๐ Rental Income: You can lease your land to farmers and collect rent without actively farming yourself. Think of it like being a landlord, but for fields! ๐️➡️๐พ Low Volatility (Relatively): Compared to the stock market, farmland can be a more stable investment. ๐ก️ The Case for Active Involvement ๐ง๐พ: Farming Operations: If you choose to farm the land yourself or actively manage a farming operation, it's definitely an active investment. This involves planning, planting, harvesting, and marketing. ๐️➡️๐งบ➡️๐ฐ Land Improvement: Actively working on the land – improving soil ...