In this episode of The Land Academy Show, hosts Steven Jack Butala and Jill DeWit discuss the time it takes to make a million dollars with land compared to the stock market. They emphasize the importance of consistent and controlled growth in the land business, where doubling or tripling your money on each deal is more realistic and achievable. Steven and Jill compare the potential returns of investing in the stock market versus investing in land, highlighting how land can provide a much higher return on investment in a shorter period of time. They also stress the value of continued education and staying involved in the land business to maximize success. Tune in now and discover how to fast-track your financial goals!Transcript:Steven Jack Butala:I'm Steven Jack Butala.Jill DeWit:And I'm Jill DeWit, and this is the Land Academy Show.Steven Jack Butala:This is episode number 2,009 and we're talking about how long it takes to make a million bucks with land versus the stock market. Here's why? The Dow hit 40,000 today, this is when Jill and I were recording it, it's I guess May 16th. That just shocks me.Jill DeWit:Right.Steven Jack Butala:Everybody's celebrating.Jill DeWit:What's limit up and limit down? I can't remember any of it. You know what I'm talking about?Steven Jack Butala:Yeah, there's daily limits.Jill DeWit:Well, then they stop it. It can't go so high. Did they even bring that up today like we're pushing it or everything?Steven Jack Butala:No.Jill DeWit:Okay. I didn't even know.Steven Jack Butala:Because it wasn't-Jill DeWit:It wasn't-Steven Jack Butala:It wasn't a huge jump from the previous day.Jill DeWit:Astronomical.Steven Jack Butala:And my philosophical question to you Jill is ... There's a lot of celebration today. When in real estate do you celebrate when things are at the top of the market? Do you celebrate and jump around? Are you happy when the land is selling for the most it's ever sold for ever?Jill DeWit:Not really, no.Steven Jack Butala:How about houses? Do you love to go into a market and see people just hitting the top of the market with their remodel?Jill DeWit:Nope. No. I see where you're going with this and I understand your point. Okay. So everybody's high-fiving each other because it's the most expensive that it's ever been, yay. It's only good for one person who sold that stock at that time. Everybody else is going, "Oh, I blew it" kind of thing. That's it. So you're talking about our world and what really makes sense to us. What you can do consistently which is a lot of getting to second base I guess. First base, second base, I'm happy with that all day long. You know what? To me-Steven Jack Butala:I like getting to second base too.Jill DeWit:I know you also like a home run but we won't go there. Home runs happen once or twice a year for us, let's just say that. What happens more often than not, second and third base which is doubling my money and then a little bit more than doubling my money. There's just like oh my gosh, I can't believe I bought this for 20,000, sold it for 120. That's a home run. First base is I bought it for 20, sold it for 30, 35. It didn't go that great but who can complain about making 10 or 15 grand? This is all very consistent. And then second base to me is I bought it for 20 and I sold it for 40, 45. This is great. Third base is I sold it for 60 to 70. And then you know what home run is. I'm more happy with that. You never want to be the most expensive house on the block, I've always believed that.Steven Jack Butala:Here's some things-Jill DeWit:And you don't want to reset the market-Steven Jack Butala:Here's here some stuff-Jill DeWit:I don't believe in that.Steven Jack Butala:We're going to talk about today in a big picture. We're going to talk about the stock market versus land investing, and we're going to dabble a little bit in comparing those two. Also with owning a different business like a convenience store or a manufacturing facility.