1. saverspender says:

    You and Pauline over at Making Money Your Way are brilliant for alternative investing strategies. For me, it’s totally out of my comfort zone but I’d be interested in investing in coconuts, cattle… all these things that I have no experience with, but being in Canada I’m afraid of being ripped off by someone in Brazil or wherever these crops / herds happen to be.

    • Jim says:

      Thanks saverspender, I consider it quite a compliment to be mentioned in the same sentence as Pauline! Yea, don’t know much about coconuts in Brazil, but unless you are there and can oversee your coconuts, I would pass. I find it best to be able to oversee your investments and pay them a visit on a regular basis, that way it keeps everyone honest.

  2. Jim, how did you get into this racket? Did you just approach a farmer and say, wanna hook up? 🙂

    • Jim says:

      Well I actually fell into it. My friend is a cattle broker, knows all about raising cattle and he has access to land. He had the idea to get a few investors to buy them, he would raise them, and then sell them to the highest bidder. He gets a cut from all the investors.

  3. Marvin says:

    I would love to own a cattle farm but know absolutely nothing about it. But the numbers you suggest are quite good for an investor.

    • Jim says:

      I have to admit Marvin, I new very little about it, truth be told I still do. I am not sure that is the best investment strategy, but I knew what I had, as they were all tagged, and I knew where I could go see them, and I had a contract, so I thought it would work out. Totally a gut feeling investment!

  4. Jamie V says:

    I’m so glad that this investment is paying off for you! Did you by any chance get to keep any of the beef? Also, is this over now, or has your friend kept some cattle to reproduce to replenish the herd, and then retry again in another year or two?

    • Jim says:

      No I did not get to keep the beef, they were strictly to raise and sell. In a self-directed IRA I cannot have any benefit until I am 59 1/2 or else I could pay a penalty. May buy a couple in the future though, outside my IRA.

  5. You can’t argue with the numbers, Jim. Beating a bull market, yuk yuk, is no easy feat. Plus, now you’re forever immune from the insult of “big hat, no cattle”. 🙂

  6. I like this idea. We have a number of friends who own/raise cattle and we buy from them, but I never thought to see if they would be willing to cattle-sit for us. I think I’ll look into the numbers a bit more.

    Thanks for the suggestion. I might even score some inexpensive quality grass-fed beef for myself at the same time!

    • Jim says:

      That’s for sure, I am thinking of just getting a couple to grass feed and use as food rather than an investment! I think the price of beef will continue to increase, so raising your own can drastically offset the grocery store prices.

  7. Michael C says:

    Would you share who you went with as the IRA custodian? Also, did this investment generate any UBTI tax?

    Thanks for the information.

  8. Bret says:

    76% conception rate is pretty low; next go round, make sure you don’t have a trich problem.

Leave a Comment


May the 4th Be with You: Star Wars Swag on Amazon

May the 4th Be With You: Star Wars Day Swag

It began as the punniest holiday ever but quickly grew into an earnest (if somewhat random) celebration of the long-running (and still... more →
People count the money to buy a house in future success.

Avoiding Mortgage Scams: Don’t Fall for Unreasonable Promises

If it sounds too good to be true, it probably is. That’s sound advice for almost all aspects of life, including the search for... more →
Eat for free for a whole month via the meal kit companies discounts for new customers.

How To Get a Month of Free Food: 9 Meal Kit Companies Offering Discounts to New Customers

Play your cards right and you might be able to line up a month’s worth of free meals if you were to try out all nine of the meal... more →
Generate extra cashflow -- here are 97 ways.

96 Awesome Ways to Generate Extra Cashflow

Who doesn’t want more money nowadays? We’ve got you covered on that front. Here comes a long list of different ideas on... more →
Valentine's Day gifts that won't destroy your budget

Valentine’s Day Crafts Are Romantic Rescue from Crazy Inflation

Fall for the hype this week and you’re out an average of $143.56 for Valentine’s Day. Crafts and other do-it-yourself tactics... more →

Ultimate Guide to Bitcoin — FREE Ebook!

Have we got something for you: a free ebook about bitcoin! more →
Get a flu vaccine.

Why You Need To Get a Flu Vaccine Right Now

Flu vaccines aren’t just for the elderly  anymore. Here are 25 reasons you should go get vaccinated. more →
Financially successful

Acquire the Trait All Financially Successful People Have

Financially successful people tend to all have a lot of self-discipline. Improving your discipline in one area of your life often spills... more →

What’s the Best Free Recipe App?

The Apple Store and Google Play together offer more digital cookbooks than you probably have room for on your mobile device. So which... more →
New tax law might slow down housing market.

What Will the New Tax Law Do to the Housing Market?

The new tax law will have a profound impact on the housing market, although in ways that go beyond the deductibility of mortgage interest... more →

4 in 5 Households Will Get a Tax Cut in 2018

Four out of five U.S. households will get a tax cut as a result of the legislation that President Donald Trump signed into law today. more →
Will bitcoin reach $100,000?

When Will Bitcoin Reach $100,000?

Bitcoin has accelerated its pace of appreciation in recent months, and if the current levels between $15,000 and $19,000 make you itch... more →
The Dow Jones topped 24,000 -- now what?

The Dow Jones Crossed the 24,000 Threshold. Now What?

Stocks appear to be increasing in volatility, yet the markets closed on Monday, December 4 with the Dow Jones Industrial Average is... more →
Peer mortgage

Should You Get a Peer-to-Peer Mortgage?

If you can’t get approved for a home loan from a bank, you might want to look into applying for a peer-to-peer mortgage. more →
Investment gifting is awesome.

4 Things To Know Before You Donate an Investment

While donations of any kind are appreciated, gifting investments benefits both the giver and the receiver. Here are four key things... more →
Are you wondering: What's the Relationship Between the Stock Market and Federal Debt?

What’s the Relationship Between the Stock Market and Federal Debt?

Wouldn’t it be wonderful if gains in the stock market could actually reduce U.S. government indebtedness? If that were true,... more →
Exceptional Healthcare Career Opportunity

Exceptional Healthcare Career Opportunity: Insurance Eligibility Verification

Once the ball drops in Times Square this coming New Years Eve,  hospitals from Bangor, Maine to San Diego, California and everywhere... more →