Most of us live in urban areas and many on housing lots that can do one thing but not much more. In the book How to Live on Almost Nothing and Have Plenty by Janet Chadwick, published by Alfred Knopf, NY, 1979, you would have to move to the country and have at least 20 acres of land. The need of space is to raise animals and grow your own fruits and vegetables. The larger animals need space or fields to feed on. If you are going to do this, the author suggests you start slowly and build up to what you think you want. If you have never raised animals, do not buy enough animals to fill the barn. Animals need to be taken care, but you can learn the skills. Buy a few, learn and then expand to fill the barn. If you grow your vegetables, you will have to learn how to can them or preserve them through the different seasons of the year. The lifestyle can be very rewarding and it does not have to be expensive.
Linking to dividend paying stocks, since most of us are not going to move to the rural areas to be small farmers, however we can relearn the skills that rural people have. Whether it is canning or vegetable gardening, those are things that urban people do. It terms of the stock market, if you have a pension or stocks that pay dividends the ability to leave the urban to the rural is easier. The rural life, particularly in a farm is more challenging, but we all have our risk – reward indicators. For a lower risk, but higher reward buy dividend paying stocks for their dividends and long term capital gains.
There are more questions than answers, till the next time – to raising questions