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Creative and unconventional retirement ideas.
Alright /biz, we all know that nobody wants to work, pay bills, and die. Through vigorous study and investing I am on my way to early retirement. However I still wish to have redundant backup plans and would like to leave my heirs well off as my legacy when I go.
I have decided that planting black walnut trees could be an option for many reasons.
>they have been valuable since the 1700s
>they average a roughly 14% ROI with 0 taxes until harvest or sell making them a safer bet than most stocks
>I don't fucking trust the stock market or a 401gay anyway
>I can lease the land out to cattle ranchers to pay the property tax on my 15 acres lot
>in a few years I can harvestell the nuts and thin out the little bitch trees for a profit.
>with deforestation I may qualify for lower property tax?
>if I ever get my sawmill and woodshed done and get a wild hair I can harvest my own freeish wood to make furniture and increase my income from them
>I could borrow or rent a truck with kiln dried ready to use boards and deliver in person a truckload of any size boards anywhere in the lower 48.
>I never need to buy furniture of any kind again
>i'my 30 and in about 39 years I can wipe out my forest for the equivalent of $100,000 per acre in today's dolars. So whatever 1.5 million give or take will be in our new money once our fiat fucking dollar finally folds.
short of a drought wich only happened twice in my 30 years and wasn't horrible or bag worms what other problems could I have?
I have access to a few water trucks. Natural springs. And I will build a flame thrower drone or some other method of reaching those faggot bag worms with fire.
I live near the land and can tend to it easily. Plus my rancher can alert me of any major bagworm infestations.
Any reason not to do this? Can I get a better use out of shitty rocky land in kansas?
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How long before they start producing walnuts?
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>>1643873
Looks like 4-7 years. Depending on the cattle rents it should more than cover the property tax and pruning equipment costs. Nuts would be a plus. Will use any extra to purchase more land and trees and hopefully grow into a small fortune. They seem to grow well around here. I would wager closers to the 4 or 5 year mark. I'll likely Frankenstein a pickup into a tree shocker and do my own harvesting. Pretty sure monster garage built one?
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>>1643873
Actually there is a cranky douchebag in my town already doing this. It's how I got the idea. My only real fear would be all of them dying somehow or there being a surge in them poping up and making it useless. No point in worrying about shit that may never happen tho. And I like walnut. So old man me will likely have a wood shop and plenty of lumber to build things with I guess. And was a typo. My spellcheck is almost as dumb as me. Can log in 30 years or so and replant for maximum productivity. Even more so I may grow starter trees a few years and replant to speed things up. I may decide to cut them or sell somewhere along the way but as far as a pretty much set it and forget it investment goes it seems legit. It's a physical asset that you can touch. The land is paying for itself I hope. And if I need to liquefy all I need is a chainsaw. Not to mention it almost 0 depends on what the markets or economy does until 30 years from now when I decide to sell.
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I'd probably get fire insurance, lol
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>>1645159
Haha. Maybe. But I don't think pasture fire hurts them. And green walnut shouldn't burn. For sure looking into that and flood insurance.
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