Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Cattle Boards
Beginners Board
Are you working the system?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="Shoestring" data-source="post: 1725093" data-attributes="member: 41393"><p>I was fortunate to use all these years of low interest to my advantage. I have always had to self fund everything from buying the land, to the ponds, Buildings, fencing, and used cows. I agree with [USER=8359]@TexasRancher[/USER]; I know there is a correction coming. I know that it is going to affect my soon to be retirement. I remember the '70's and inflation. 18% interest for a home loan. Dad was in construction and couldn't buy a job. He went back to mechanic at a Ford and then a Pontiac dealership. I remember the late 80's and you couldn't hardly buy a job in Commercial construction. Now I am just going to keep things in neutral for the next couple of years. See how it comes out in the wash. 'They' say I could sell and make the big bucks. But wife has a few more years to go. It ain't much, but it's ours. While I'm at it, we paid as she went for my wives Bachelor degree. Finished that 5 yrs ago. College was not nearly as expensive until the Colleges found out that the Government was guaranteeing Student loans. That's when they let loose and started raising prices so ridiculously.</p></blockquote><p></p>
[QUOTE="Shoestring, post: 1725093, member: 41393"] I was fortunate to use all these years of low interest to my advantage. I have always had to self fund everything from buying the land, to the ponds, Buildings, fencing, and used cows. I agree with [USER=8359]@TexasRancher[/USER]; I know there is a correction coming. I know that it is going to affect my soon to be retirement. I remember the '70's and inflation. 18% interest for a home loan. Dad was in construction and couldn't buy a job. He went back to mechanic at a Ford and then a Pontiac dealership. I remember the late 80's and you couldn't hardly buy a job in Commercial construction. Now I am just going to keep things in neutral for the next couple of years. See how it comes out in the wash. 'They' say I could sell and make the big bucks. But wife has a few more years to go. It ain't much, but it's ours. While I'm at it, we paid as she went for my wives Bachelor degree. Finished that 5 yrs ago. College was not nearly as expensive until the Colleges found out that the Government was guaranteeing Student loans. That's when they let loose and started raising prices so ridiculously. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Cattle Boards
Beginners Board
Are you working the system?
Top