Investing in Land

A recent Associated Press report on the most recent fluxuations in the stock market painted a stark picture:

“The 348-point, or 3.2 percent, drop on the Dow was the worst day for the index since February 2009 when the market was swooning and headed toward a 12-year low. The Dow has lost 631 points, or 5.7 percent, over the last three days.”

Just days later, CBS MarketWatch noted the rise in commodities, likely in response to volatility in the stock market:

“Gold futures inched up Monday after fluctuating for most of the session, with concerns about the global recovery ultimately gaining the upper hand.”

Of course there is no commodity that has held its value longer than land.  A number of companies have been at the forefront of making an investment in raw land accessible to a broad range of investors, but increased interest is being driven by uncertainty elsewhere.

As one blogger put it, “…land investment can produce good medium to long term returns and it can be one of the safest and smartest ways of investing your money, particularly if the land is located in an up and coming area.”