Want to be like Buffett? Buy assets that produce something
Agriculture and bitcoin don’t have much in common. Bitcoin was created in 2009 while agricultural communities began to form about 10,000 years ago.Article content
Of course, you don’t need to have $25 billion to invest in U.S. farmland. Publicly traded real estate investment trusts — that specialize in owning farms — allow you to do it with as little money as you’re willing to spend. “[If] you offer me 1 per cent of all the apartment houses in the country and you want another $25 billion, I’ll write you a check. It’s very simple,” the legendary investor says.
For instance, Camden Property Trust owns, manages, develops and acquires multifamily apartment communities. It has investments in 171 properties containing 58,433 apartment units across the U.S. and offers an annual dividend yield of 3.3 per cent.
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