[rescue] Look who's a slashdot weenie!
Joshua D. Boyd
jdboyd at celestrion.celestrion.net
Tue Jul 15 21:21:58 CDT 2003
On Tue, Jul 15, 2003 at 10:11:43PM -0400, Patrick Giagnocavo +1.717.201.3366 wrote:
> True, many of them have left this area and gone somewhere where land
> is cheaper. I did see one at Costco the other day though.
You saw one picking up a 20" tube from you the other week.
> Y'know, it's funny how some folks (no one on this list) make fun of
> these folks; but they never go into debt, and over time, they sell off
> their farms bought for say $1000 per acre to developers or other
> farmers for much, much, more than that.
Generally Amish don't. Mennonites in general might be more debt free
than the general American, but some (many) do borrow money.
> I'd bet that investing in Lancaster Co. farmland over the last 50
> years has been a better investment than the S&P 500 or the Dow. And
> it certainly has better tax treatment, and in the meantime they live
> on the farm.
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