Get Rich Education

287: How To Invest In Timber

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Sinopsis

It grows through recessions. No tenants. No loans. Own trees and the land beneath it, titled how you choose. Experience growth in both the timber size, and often, value of your investment. A long-revered timber type is teak. Its natural oils make it unusually resistant to fire and termites. Demand - Today, teak is used in flooring, countertops, veneer, furniture. It’s been used in boatbuilding 2,000+ years. It was used on The Titanic. Supply - Teak is being harvested at 10x its replanting rate. I first learned about lumber in my youth when I spent a summer doing forestry and timber-marking work in upstate Pennsylvania. You can own teak trees and the land beneath it, ¼ acre at a time. Get started with your free Teak Resource Guide at: www.GetRichEducation.com/Teak  Trees grow through recessions, wars, stock market crashes, and real estate market crashes. Teak expert and friend Rachel Jensen joins me in discussion. Plantation teak grows well in Panama and Nicaragua. Teak is native to southeast Asia and India. Y