Jason has a little extra cash as a result of his firewood side hustle. He’ll tell you his thought process behind why he is investing in his infrastructure. If you like heavy equipment, this video is likely for you.
See below for links to tools we use routinely on our Woodlot!
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Equipment We Use Routinely On the Woodlot:
Dixon Log Crayons
Crayon Holder
AuxBeam 4″ LED Flood Lights
PCW 4000 Portable Winch
Portable Winch Skidding Cone Kit
Husqvarna Forestry Helmet
Husqvarna Chainsaw Pants
Husqvarna Suspenders
Husqvarna Combi Gas Can
Peltor Earmuffs
Fiskars 28” Hookaroon
Winch Choker with Hook and Rod
Logger’s Tape loggers-tape-with-release-nail
EzzDoo Electric Chainsaw Sharpener
EzzDoo Replacement Sharpening Bits
Oil Filter Socket Set
Timber Frame Tools We Use:
Skil Saw 7 – 1/4” Worm Drive Saw
Prazi 12” Beam Cutter Attachment
Video Filming Equipment We Use For Our Content:
Sony ZV-1 Camera
GoPro 7 Camera
GoPro Hero Adhesive Mounts
Camera Tri-pod
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Important Note: All videos on this channel are intended for entertainment purposes only and not intended to be instructional in any way. The creator does not represent or warrant the accuracy, or proper, safe or intended use of any equipment or practices presented in the videos. Viewers should consult their own manufacturer instructional and safety information including any local laws applicable to the similar use or operation of any similar or same equipment before use. These videos are not intended to be relied upon for such correct or safe operation of same or similar equipment or practices.
This video is not sponsored….(read more)
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In a period of high inflation, investing in tangible assets can be a smart way to protect your wealth. One such asset that has historically been a sound investment during inflationary periods is a wood yard. A wood yard is a facility used for the storage and processing of lumber and other wood products. With the increasing demand for wood products in construction and manufacturing, investing in a wood yard can be a lucrative business opportunity during times of high inflation.
During periods of high inflation, the value of paper assets such as stocks and bonds tends to decrease, making them less attractive investment options. However, tangible assets such as wood yards hold their value and can even appreciate in value as the cost of lumber and wood products rises. This makes investing in a wood yard a prudent choice for investors looking to hedge against inflation and preserve their wealth.
Furthermore, the demand for wood products tends to remain strong during periods of high inflation, as construction and manufacturing activities continue to drive the need for lumber and wood products. This provides a steady stream of income for wood yard owners, making it a reliable investment in uncertain economic times.
Additionally, a wood yard investment can offer potential tax benefits and incentives, further adding to its appeal as an investment opportunity. Many governments offer tax breaks and incentives for businesses that contribute to the forestry and woodworking industries, such as reducing capital gains taxes on timber sales or offering subsidies for sustainable forestry practices.
When considering a wood yard investment during a period of high inflation, it’s important to conduct thorough research and due diligence to ensure the success of the venture. This may include evaluating the location of the wood yard, assessing the current and projected demand for wood products in the area, and understanding the regulatory and environmental considerations that come with owning and operating a wood yard.
Investors should also consider the potential for vertical integration within the wood industry. This could include expanding into timber harvesting and processing, as well as exploring opportunities in value-added wood products such as furniture manufacturing or wood pellet production. By diversifying the investment across the entire wood supply chain, investors can further hedge against inflation and create additional revenue streams.
In conclusion, investing in a wood yard during a period of high inflation can be a valuable addition to an investment portfolio. With its ability to retain and appreciate in value, as well as its potential for steady income and tax benefits, a wood yard investment offers a compelling opportunity for investors looking to protect their wealth in uncertain economic times. By taking the time to thoroughly research and evaluate the potential for a wood yard investment, investors can position themselves for long-term success in the forestry and woodworking industry.
A great investment any time to up grating
I think inflation puts me in the mindset that there are no good deals. I’m hanging onto my money until I feel like I am getting a deal. My truck died and I ended up getting a 2001 ford excursion. Finding a deal on anything newer was a nightmare
I could use a thousand metric tons or more on my place.. still need another foot or so of fill across 4 acres before I do the top grade.. high and dry is key …looks great
I don’t think we ever know when the best time to invest is until some time after the fact. High prices and high inflation could help lead us into an economic downturn and possibly go into deflationary times. In that case we may wish we held onto cash to take advantage of deals. People think we’re going to keep going through high inflation. I have learned people are not good at predicting the future. Either way, capital improvements that help your production are probably a good idea. A lot of times just getting it done when you can is better than trying to time the market.
That was a trip hazard by the wood processor either going up or down
Capital improvements are never a bad investment. I treat money like a tool- use it when you have it, forget about spending when you don’t. It’s a simple philosophy, but easy!
Running over uneven dumps makes for uneven job
Backing up with the box blade at the beginning will level out those humps
How's she goin'? It's never a bad time to invest in infrastructure. That was nice gravel and made a world of difference in the wood yard!! Take care!!!
Keep moving forward! All good.
During these economic times, it’s a personal decision as to when to invest. The real question to ask is “Are you and your wife happy with your decision? That’s all that counts. Personally I think it makes your place look very nice and more functional. Take care……