Forestry : an investment

Cupcake Girl

I inherited 10k and have been looking to invest it in forestry. Ive emailed a number of the management firms etc but with no reponse. Can anyone tell me roughly

What acreage I could buy for 20k
What would be the management fee
When would I expect a yield

If for example I started from scratch with a field that needed planted..what would the costs be to plant and when would I get some back?

leitrim lad

my advice is run to the nearest bank and deposit your money, its safe and has a good profitable return,after you pay your dirt tax,

alot of farmers have approached me this year to ask had i a mounding bucket for my machines, i said i had with great surprise, as over the last few years i would have made over a million round bales, this year the bailinmg lasted 1 month, all because of the weather, and the hedgecutting is finished along with the reps, and there is no where to go with the slurry, from these lovely new slatted houses, so alot of people are considering planting the land,

however like everything else the grants are gone and there is now no vfiable return for under a 25 year period, and even at that its small after that time, and you would want to have over 1,000 acres to make a decent living out of the planting, as you only harvest once in a lifetime,

not getting away from your question, land normally retails at an average of 6k per acre across the west and midlands, you will get the bull****ting auctioneer telling you that a farm up the road made a million ,or that ;land is holding its own , but its not, land has taken a drastic drop ,of about 80% in value simply because the banks ran out of money, and do not have the money to lend to anyone to buy land,

but if your still interested, it is a buyers market, you could get bad land on the side of a mountain for as little as 1k per acre ideal for planting

networks

i think if you were goin investing in forestry,grow good quality broadleaves,eg.oak,cherry beech,but the land has to be reasonably good lowland type,not boggy!ud get 2 acres 4 bout 20 thousand euro.grant covers planting costs,premuim bout 500 euro a year taxfree 4 20yrs,maybe build a house there later on??surrounded by these magnificent trees,dont expect payback from these trees 4 at least 80-100 yrs.:rolleyes:

Casinoking

To be honest you won't get far in forestry with the kind of money you're talking about, even if land is making €5K/acre small parcels always make big money. It wouldn't be unusual for an acre to make that on it's own, particularly if there's site potential. For Christmas trees you'll get to harvest in maybe 5-7 years, for anything else you'll be looking at closer to 20 years minimum. In short, not a runner I'm afraid.

The_Conductor

OP- there are companies out there who can sell you units in forestry funds- which give you a tax free return over a specified period of time (different units having different maturity dates- but typically starting at 10 years and going upwards). IFS is one which comes to mind (link here) but there are other companies out there. Most of these companies focus on selling units to charities or pension funds who are interested in annuities- which might explain why those that you contacted have not responded to you. Irish Timber and Forestry (quarterly magazine) normally have a few advertisements that might be of interest to you (occasionally the Farmer's Journal too).

S.

biblio

With 10k I think you might be better sticking it in the post office, 21% interest after 5 years tax free