In promoting its stock, Chalone has never emphasized dividends or long-term appreciation.

This alone should ensure the long-term appreciation of St. Joe's main asset.

Vacant land, for the most part, is being held for long-term appreciation rather than near-term reuse.

For most taxpayers, it is better to give assets with long-term appreciation than to give cash.

It is difficult, however, to determine long-term appreciation in the fractional market.

They hope to make money off both cattle sales and the long-term appreciation in land prices.

In fact, most are picked up by canny collectors looking for long-term appreciation.

Instead, they sell them and allow users to reap the benefits of tax deductions and long-term appreciation.

They are rarely for sale because owners retain them for long-term appreciation.

But most financial advisers suggest caution in that strategy, saying most investors should buy and hold stocks for long-term appreciation.