Dairy cows
Dairy cows
Dressage horses weren't Kotyan's only foray into livestock. He also once invested $25,000 into buying 10 dairy cows.

During a layover at an airport in California, Kotyan met a struggling farmer who told him how hard it was to secure agricultural loans to acquire farm animals. Hearing this, Kotyan decided to offer some assistance. "I said, "Listen, I have money just sitting in a retirement account and you know everything there is to know about cows, let's figure out how we can help each other.'"

And they did. Kotyan set up a self-directed IRA so that he could acquire the cows. The farmer agreed to lease the cows for five years, giving him the time to make enough money to then acquire the cows for a fixed price.

From acquisition to sale, Kotyan made a 25% return -- receiving annualized returns of about 12% from what he fondly calls his "cash cows."

Last updated July 05 2011: 11:13 AM ET
Join the Conversation

From sleeping in offices to following senior citizens to restaurants in order to find the best "early bird specials," these people will do almost anything to save a buck. More

Always dreamed of being married by Elvis? Dying to learn the art of metal embossing? Here are 11 wacky ways credit card rewards customers have cashed in their points. More

Find Homes for sale
  • Property Type
  • Find a home in:
    New York | Atlanta | Chicago | Los Angeles
    Washington D.C | Houston | Philadelphia | More options
Most Popular

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.