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gfp927z

Re: wow_happens28 post# 378

Thursday, 07/27/2023 2:45:49 PM

Thursday, July 27, 2023 2:45:49 PM

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I see the farmland REITS (LAND, FPI) are getting whacked today, after FPI missed earnings. Looks like a considerable 'whiff', and the stock is down almost 12%. LAND also down 4%. As much as I'd like to have some diversification via the farmland / agro sector, these are just too volatile for my frazzled nerves, lol.

Fwiw, my mom's relatives had a 150 acre farm in Illinois years ago. I guess land qualifies as the ultimate 'hard asset', although increasingly it's being scooped up by big commercial farming outfits, and billionaires like Gates and Bezos.



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