Get Rich Education

#170: You can live a rich life and leave a rich legacy at the same time. Guest Rachel Jensen and I discuss how. Timber is a hard asset that physically grows in size, and often grows in value at the same time. Your real estate, gold, or stock share might increase in value - but it doesn’t increase in size at the same time like timber does. Among timber varieties, you’ve probably heard of teak wood but might not know much about it. It has great value due to its durability. Teak’s natural oils make it resistant to fire, pests, and the elements. That’s why teak is so popular for boats, decking, furniture, and more. Teak was even used on The Titanic! The world continues to have more humans and less arable land. Teak products have been used for over 300 years. This makes teak supply vs. demand fundamentals sound for investors. Traditionally, most timber investing was done by ultra-wealthy people, and prestigious Ivy League endowment funds like Harvard and Yale (they both still invest in timber). Today you’ll learn