One of the earliest investment posts I wrote on this blog was about why I love timber as an asset class.
I bring it up because this article appeared today in the Nuwire Investor, “Top 5 Recession Investments: How investors can protect themselves in the event of a recession.” In it, you’ll find the following paragraph about timber as an investment:
Timber is a solid commodity with steady demand that does well during stock market declines because it is not correlated to the market. Its returns reliably outperform the market, and its value increases over time, even without investor input.
Adam Nash, a timber investor, said owning and harvesting timberland is essentially a classic fixed-income investment. The land acts like principal, he said, and the timber acts like a perpetual dividend.
Yup, that’s me. Adam Nash, timber investor.
So, the backstory here is interesting, and directly related to this blog.
Back in early 2007, I was contacted by one of the journalists working on Nuwire Investor, for it’s launch. They had read my blog post on timber, and wanted to interview me. Initially, I begged off, explaining that I wasn’t an investment professional, and I wasn’t sure I was qualified to be an “expert” on the topic. Still, we ended up doing a 1 hour phone interview in March.
In May, this article on timber investing came out in Nuwire… but no mention or quote from me! So, I forgot about the whole thing… until the article today showed up in my “adam nash” Google Alert.
Very exciting, and a little fun for the day. I’m glad Nuwire contacted me.
So for today, you can call me Adam Nash, Timber Investor.