Jim Rogers, renowned investor and author, is convinced agriculture will be a future economic boom area.  He believes there will be further food shortages.  He also thinks there will be opportunities for hard workers because no one wants to farm land.

“If you want to invest in agriculture, the best thing you should do is become a farmer,” said Rogers.  “Buy yourself some land and become a farmer if you’d be any good at it – or even if you’d just be mediocre at it – because there’s going to be some fortunes made in agriculture and when an industry breaks full faith even mediocre people make a lot of money because everything is going right.

“So if you really want to make a lot of money, that’s the best way to do it.  Alternatively, you can buy land and lease it out if you can find a good farmer.

“There are other ways to make money in agriculture, of course.  You can open a chain of restaurants in the agricultural areas of the world because the farmers are going to be much more successful in the next 30 years than in the last 30 years.  Or open shops. Continue reading →