Kiplinger

What Farmer Joe Can Teach Us About Investing

You can learn a lot about finance from a farmer.

I know I have. My Grandpa Joe was a farmer. So was my business partner at one time. And I'm pretty sure the "field knowledge" they gained over the years holds as much value as anything I've heard from Wall Street investment gurus or famous media pundits.

It's remarkable, really, how similar farming is to finance. Here are a few of my favorite takeaways, courtesy of Grandpa Joe:

1. Make sure your crops are paying rent.

When you're a farmer, you depend on the crops you plant to provide income,

You're reading a preview, sign up to read more.

More from Kiplinger

Kiplinger4 min read
Commission-Free Trades: A Bad Deal for Investors
Commissions on stocks and exchange-traded funds (ETFs) now come to a big fat zero if you use one of the four biggest online brokerages. On Oct. 1, Charles Schwab (SCHW) announced commission-free trading on stocks, ETFs and options trades. Online-brok
Kiplinger5 min read
The Best Impact Investing Apps
Mobile investing apps are becoming "must haves" these days, and their popularity is expected to increase in the coming years. And that's not the only investing trend that's on the rise. Another is impact investing. Put these two trends together, an
Kiplinger4 min read
How You Can 'TAP' into Home Equity to Help Keep Your Retirement Stable
Retirees face plenty of financial challenges these days, from volatile markets that can upend their security to low interest yields that in some cases don't even allow them to keep up with inflation. But with all the issues that confront them, perha