A real estate investment trust with 1.5 million acres of timberlands in Arkansas, Idaho, Minnesota and Oregon with a taxable REIT subsidiary that manufactures forest products.
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Like my grandfather always told me, "Land is the best investment because they're not making any more of it." Granted he died before they started making islands in Dubai, but his advice was not lost on me. I like this trust because it holds 1.5 million acres of timberlands. Basically, you get paid to own land. I'd be foolish enough to buy this investment even if it paid no dividend and didn't make money off the timber... So to get paid to own land that will appreciate (I'm in the inflation camp) in my opinion is a no brainer. We'll see how it works out. I'm hoping for a near term drop so I can scoop up some real world shares for myself.