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Buy land or fund an IRA?
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<blockquote data-quote="skyhightree1" data-source="post: 1334690" data-attributes="member: 13268"><p>Jackson when I say this im not being a butthead but seems to me your mind is all over the place on things and what to do. I was your age I wanted everything to come to me over night and wanted no issues and everything I decided to work out for the best but that didn't always happen. Land is a good investment I try to buy as much as I can. However, Buying pasture land and growing a herd and waiting for someone to buy it someday may be good but id ask this. If someone does buy it you have your cattle where will they go once the lands sold ? You would need to buy more land to put them on probably. What if that land isn't fenced nor does it have grass planted? What if you can't find anything close? Those are some of the things that you may be faced with. I am not by any means the smartest person in the world but I been there done that so have a lot of us some it turned out well some not so much. I don't see anything wrong with a 401 because once you get grounded if you need the money you can go and get it out and buy land if you choose.</p></blockquote><p></p>
[QUOTE="skyhightree1, post: 1334690, member: 13268"] Jackson when I say this im not being a butthead but seems to me your mind is all over the place on things and what to do. I was your age I wanted everything to come to me over night and wanted no issues and everything I decided to work out for the best but that didn't always happen. Land is a good investment I try to buy as much as I can. However, Buying pasture land and growing a herd and waiting for someone to buy it someday may be good but id ask this. If someone does buy it you have your cattle where will they go once the lands sold ? You would need to buy more land to put them on probably. What if that land isn't fenced nor does it have grass planted? What if you can't find anything close? Those are some of the things that you may be faced with. I am not by any means the smartest person in the world but I been there done that so have a lot of us some it turned out well some not so much. I don't see anything wrong with a 401 because once you get grounded if you need the money you can go and get it out and buy land if you choose. [/QUOTE]
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