How to become a millionaire by the time you retire
How can you become a millionaire? Personal finance experts say to start your retirement saving early and sock away a certain amount every year.
LEARN MOREJoe Burrow, Blake Griffin among athletes investing in farming
Athletes are buying land and leasing the land to farmers, earning a single-digit-percentage annual return on the investment.
Joe Burrow, Blake Griffin among athletes investing in farming
Emilee Chinn / AP
January 14, 2023
A group of athletes is getting into the business of farming.
Two-dozen-or-so figures from across North America’s big four sports (MLB, NBA, NFL and NHL) pooled together roughly $5 million for agricultural investments.
The group includes big names like Joe Burrow, Blake Griffin, Kemba Walker, and more.
The first purchase? A 104-acre soy farm in Iowa.
And that's just the start, as the group is eyeing at least four more farms - including potential watermelon farms, in Oregon - over the next few years.
Ben Maddox, vice president and head of business development at AcreTrader – a company helping people invest in farming – joined Scripps News to talk more about how profitable this really is and if anyone can get into the farming business.
2:21
Wacky winter playing out differently across the US
The lack of snow on the East Coast has hurt business, especially for those who rely on money by offering snow removal services.
1:52
Forget eggs; inflation is now hitting the breakfast cereal aisle
As egg prices finally start to fall, the price of breakfast cereal is soaring. What can you do if your family eats a lot of cereal?
3:20
What led to the collapse of Silicon Valley Bank and others?
Like any other bank, it operated by taking a portion of deposits and creating loans — but this only works if there's enough deposited at once.
Top Stories
10:33
Former congressman: Trump should reconsider running for president
Former chair of the House Intelligence Committee Mike Rogers says legal battles will only distract the country from more important issues.
Not enough patients disclose cognitive issues to doctors
Disclosing memory and cognitive loss might help treat the early onset of Alzheimer's disease, experts say.
UFC fighter comes out as bisexual after intimate video leaks online
UFC flyweight competitor Jeff Molina made the announcement on Twitter, criticizing the person who leaked the video.
