Replies to post #2276 on The Friendly Money Making Board

[coydog]

I enjoyed reading that post. Most of my money was made because I was born and raised on a farm and saw the value in land. So when I came to Miami I had this urge to buy a farm. I bought a foreclosed house which is all I could afford. I paid 19,000 for it. I sold it three years later for 34,000 and bought a small farm for 55,000. Twelve years later I sold it for 125,000 and bought a larger farm way out in the boonies. I paid 85,000 for it and used the rest of the money to trade stock options, commodities futures and penny stocks. Within a year I had lost it all. The lessons that I learned the hard way are still with me. That is one of the reasons I am so happy people like you share your experiences. By the way the last time I was asked what I would take for my farm I asked for 150,000 an acre. Now I am afraid he will come back with the money and I do not want to sell at that price now. There is no more land available in South Florida so I would have to move possibly to a place like Costa Rica. If I was younger I would make the move but only if my kids would come with me. So far they have declined.