Yes, Crypto. The Smart Money Is on Farmland.
Plus, Fed Chair Jerome Powell spits into the wind talking CBDCs with GOP lawmakers.
Number of the Week: $430 million (explanation below)
Yes, Crypto. The Smart Money Is on Farmland.
While 580 million cryptocurrency holders worldwide obsess over bitcoin’s surging price—with per unit projections ranging from $138,000 within three weeks to $1.48 million by 2030—the smarter, long-term investment in the world of alternative assets could be in farmland, as a limited supply globally and strong buyer demand is increasing its appeal as an alternative investment for retail investors.
Unlike crypto, venture capital, private equity, collectibles and art, direct lending, and other alt assets, the attraction of farmland investing is tied to its consistently good returns (averaging an 11% return per year, as compared to stocks, bonds and real estate), hedge against inflation, and projected strong future value driven by global population growth and demand on food supply, advancements in innovation to increase agricultural output, and income and capital appreciation.
A number of farmland-specific and alt-asset investment platforms—including AcreTrader, FarmTogether, Alto Marketplace, and Harvest Returns, among others—are working to aggressively expand the market by giving accredited retail investors convenient and affordable access to high-quality farmland investments as part of a portfolio diversification strategy.