If one one day, suddenly I had a million dollars to invest, just which would I invest it in, gold or land?

First, let me say, I am not a professional advisor. However, I think the wise thing would be to buy land, though neither desert nor swamp. I would be careful to select it closely.

The thing is, this is my reason. Land has utility. That is to say, I can use it to make money. If nothing else, I can farm it or rent it. I can realize a return on the land without selling it.

The only way I can realize a profit with gold is to sell it. Then, whatever gold I sell, I no longer own it. The same can also be said about selling land, but I don’t have to sell it to make money from it.

If nothing else, I can live on the land. If I buy gold, it just sits there. I can look at it. I can display it. I can weigh it. However, until I sell it, I won’t make a dime from it.

Certainly, one thing land shares with gold is that it will most likely only increase in value. However, they keep mining gold. Conceivably, a big find is possible, which will drive the price of gold down. Other than reclaiming a little land from the sea, the amount of land is fixed, while the population keeps growing.

Apparently, I’m not alone in this belief. It would seem most of the billionaires are buying enormous amounts of land. They would not do that if gold and silver were the better investments, would they be investing so heavily in real estate?