Summer Starting to End on the Farm

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It has been good spending time on the farm. I really had forgotten how quiet and dark it is here. It can actually be a bit unnerving. The leaf doodle bug was put to work in the forest. However, it looks like the car will be going back on the road. We can say it failed field trials,but that would only be partially true. The better utility value at this point is more suited to getting a teenager back and forth from high school. The mycological aspects of the farm did not disappoint. The pics of these shrooms are not photoshopped. The coal stove (very heavy) is loaded on the truck. It will be rebuilt in Georgia if I can save it. Coal stoves are increasingly out of production. When they are gone they are gone. The small wood stove is now in its place. The pic of the red sky in morning was indeed a warning of weather. We had strong storms and tornados in Upstate NY. Although I was travelling much that day in the area, I missed the worst of it.
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DJ and I toured the CNN studios in Atlanta Sunday.

I almost bought a house last week in Duluth. I wasn't quite fast enough on the trigger. Someone else got the deal a few hours ahead of me. There are some really good deals out there when you are bottom fishing like me.

Comments

David said…
Maybe you are already dealing a lot with real estate but if not: the other day I read the bestseller 'Rich Dad, Poor Dad' where it's a lot about real estate as a good way of investing. I don't know anything about real estate but it was kind of an eye opener because -as it seems- real estate, when bought for your own use instead of for renting it out and for making money off of it, is actually rather a liability than an asset. Kind of turns the whole picture upside-down because one always hears 'your own house is your best asset'. Surely that can be true, but it seems as if in most cases it's rather a liability (in the meaning of a big to huge financial burden), at least for many to most.
6:35 AM
Charles said…
Contrary investing and true liquidation value.

One of the truly unique things about real estate is land. Land cannot be depreciated. Why is that? Can a particular structure on a piece of land make the land more valuable?

Investment in a car has a terrible ROI except when you take into account that the car is getting you to work, right?

As usual I feel I am being cryptic. I really don't mean to be.
7:18 PM
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