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jrockway 4 days ago

Yeah. I think it's important to think about whether or not you want millions of dollars of assets tied up in land that you can farm. For example, I don't know how to farm, and I don't wish my 401(k) was land and structures... I am happy to have higher exposure to the wider economy.

Obviously there are recessions and having your own vegetable farm and place to live is nice... but most of the time there isn't a cataclysmic recession, so you're leaving money on the table. Meanwhile, it's pretty easy to have a bad year farming. Weather. Pests. Having a lot of assets doesn't help you when they're not liquid and plants won't grow for a year.