Last Sunday's New York Times carried an interesting article that highlights a new asset class, in addition to stocks and bonds, that some might consider adding to their portfolio... much like alternative investments in gold, oil and real estate.
It's timber... trees!
Read the article to get the full story, but there are specific investments now available that make it possible for the individual investor to put money directly into timber investments.
In addition to obvious uses, such as for building supplies and paper, timber investments have a low correlation to the movements of the stock market in general... and... have the potential for being used as a new fuel to substitute for oil, if certain chemical enzyme reactions can make this process economically feasible.
Maybe money DOES grow on trees!
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