High Yield Investing - #7731
Monday, August 29, 2016
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My wife grew up on a small farm where her Mom and Dad and she and her sister were all the hands they could afford. It was a lot of hard work and it was a struggle to survive. So even though I'm a city boy, I care about the struggles that a lot of independent farmers have today. In many cases, it seems like a struggle to survive; especially with so many large, corporate-type farms coming on the scene. But I was heartened to read a while back, an article about a new idea that some are trying with a fair degree of success. Basically, these farmers have customers who pre-order what they would like to buy, and the farmer then plants it and sells it to them later. So if I wanted so much corn or so much beans, I'd order that and even do some pre-paying for it – which takes some of the pressure of upfront expenses off the farmer. In a sense, it's buying a share of the harvest before the harvest comes in – and then enjoying the fruits of your investment when it does.