Calling the stock market a scam while saying its possible to earn 30% a year safely is really contradicting.
If you seriously think becoming an organic farmer is safer than investing into blue chips then there is no need to argue with you.
We are 3 generation of farmers on my moms side, even though we own huge plots of land Farming is still a very risky business.
Hell even real estate has its risks, and the returns on real estate are very modest (5-15% annualy)
If you are smart enough to earn 30% passively in your investment every year then you you'll have way more than 100k saved up trust me, 100k will be your monthly living expense if you are that smart.
Earning 30% a year is definitely doable, but it will bring with it major risks. Maybe you are not experienced in that field to see those risks yet.
But I'll give you a glimpse of few risks assosicated with farming
1. Bad Harvest.
2. Health epidemic ( Swine flu, H1N1, new form of disease which eats your crop, health scare regarding that product)
3. Fluctuation in prices
4. Your fixed costs increasing overnight (1970 gulf oil crisis)
5. Mother nature ( Earthquake, Flood, Volcano erupting)
Not to mention the bigger your capital, the harder it becomes to generate attractive returns outside of the stock market.
Warren is worth like 70 billion right now, can he sustain 30% annual growth? If he could he would be worth 400-500 billion in no time.
If you have small sums like 10-20k, its easier to earn 30% on it. But the bigger it is, the harder it becomes.
If you seriously think becoming an organic farmer is safer than investing into blue chips then there is no need to argue with you.
We are 3 generation of farmers on my moms side, even though we own huge plots of land Farming is still a very risky business.
Hell even real estate has its risks, and the returns on real estate are very modest (5-15% annualy)
If you are smart enough to earn 30% passively in your investment every year then you you'll have way more than 100k saved up trust me, 100k will be your monthly living expense if you are that smart.
Earning 30% a year is definitely doable, but it will bring with it major risks. Maybe you are not experienced in that field to see those risks yet.
But I'll give you a glimpse of few risks assosicated with farming
1. Bad Harvest.
2. Health epidemic ( Swine flu, H1N1, new form of disease which eats your crop, health scare regarding that product)
3. Fluctuation in prices
4. Your fixed costs increasing overnight (1970 gulf oil crisis)
5. Mother nature ( Earthquake, Flood, Volcano erupting)
Not to mention the bigger your capital, the harder it becomes to generate attractive returns outside of the stock market.
Warren is worth like 70 billion right now, can he sustain 30% annual growth? If he could he would be worth 400-500 billion in no time.
If you have small sums like 10-20k, its easier to earn 30% on it. But the bigger it is, the harder it becomes.