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On October 3rd, the front page of the Wall Street Journal chronicled investors stampeding to Alpacas in these uncertain times.
Click the paper to read the article on the FRONT PAGE of
the Markets section titled:
"When Stocks Tank, Some Investors Stampede to Alpacas..."
Alpacas were on the front page of the Wall Street Journal, Friday October 3, 2008 with a catch title...
“When Stocks Tank, Some Investors Stampede to Alpacas and Turn to Drink”
by JENNIFER LEVITZ
Quoting the article:
“Peggy Parks, a 49-year-old auditor in Johnstown, Pa., turned to an unusual farm animal. "I've
lost a fortune in stocks, and my 401(k) is falling through the floor. I feel comfortable in alpacas," she says. She invested
$56,000 in a small herd that she believes has a better outlook than most mutual funds because of the animals' breeding potential.
The
national Alpaca Registry Inc., in Lincoln, Neb., says registrations are on pace to rise 7% this year and currently stand at
140,297. Ms. Parks says a female of "medium quality" can fetch $10,000 and that prices have been rising, supporting her hopes
that she'll see a profit on her alpaca portfolio in five years.”
Andrew & Elizabeth Norris Proud Indiana Alpaca Breeders since 2004 Phone Numbers : (765) 698-1498
or (765) 265-3778 email : andy_liz@verizon.net
The goal
of Flatrock Alpaca Pug Farm is to have a top notch Indiana Alpaca Breeding Program. Producing Indiana alpacas
that are conformationally sound and healthy with quality Peruvian and Accoyo genetically rich lines.
Give us a call. We are happy to welcome you to southeastern Indiana with our 'Hoosier
Hospitality' and love to talk 'Alpaca'. We would be happy to share our experiences with raising alpacas and looking out for
alpacas well being.
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