npalen
Elite Member
Could investment of cash in a new tractor be considered a long term hedge against potential inflation and worldwide financial uncertainty?
The tractor would be kept inside and used only sparingly and for hobby purposes. I realize that the rate of inflation is currently very low compared to the past.
I also realize it wouldn't have a lot of upside potential but, then again the same can be said for current interest rates on savings. Part of the "return" would be the pride of owning a new shiny tractor.
The tractor would be kept inside and used only sparingly and for hobby purposes. I realize that the rate of inflation is currently very low compared to the past.
I also realize it wouldn't have a lot of upside potential but, then again the same can be said for current interest rates on savings. Part of the "return" would be the pride of owning a new shiny tractor.