What does everyone think is the best way to buy cattle. I'm a college student who only works part time and has a limited amount of income. is it better to buy a cow as i get the money or save up and buy 3 or 4 at a time??
dbc":2pncczjq said:where they would be is a family farm so there would be someone to look after them, but thanks for the advice
Brandonm2":141zczm2 said:DBC is in college. He absolutely does NOT have time to be raising bottle calves at the same time that he is going to college full time and his family does not need him to give them that much extra hassle. IF they have the grass and his family is supportive, I see nothing wrong with him squirreling away extra money in cows. I needed every cent I had when I was in school (making minimum wage..then $3.35) so I can't imagine going to school and making an extra couple of grand to cover purchasing cows. IF he has the money, I don't see anything wrong with investing it in cows since making 3% in a bank is a joke.
RichieMaGoo":we7dn4gt said:I think that would depend on the person. From the few posts of DBC's that I've read on here, he sounds like a responsible and intelligent young man- and if he wants to get some cows/calves.....I'm sure he realizes what's involved (C'mon, we're talking a few animals- not a huge herd- there's not much to it) and will be able to handle it with ease.
If i were in his shoes, I'd want my money working for me, by growing while he sits in class! It's been my experience, that most people who are so entrepenuerial are usually very successful- and usually end up getting a good business going before they are even done with school.
He sounds like the kind of person who can do it!
RichieMaGoo":1l5rnw3b said:Have you considered raising Holstein steers from bottle calves, DBC? It takes little time- just feed 'em twice a day. They can be raised in hutches virtually anywhere (built my hutches for under $40 a piece)....and it's a great way to into cattle on the cheap. Of course you won't be building a reproducing herd this way....but with the money you make off of them, you can get you some real cows 8 or 9 months down the road- and if moving is in your plans.....you'll be selling the steers anyway.
I started this way just ten months ago....and i've got 25 steers now.....for less than what a few cows would have cost me. (and quite frankly, this is working out so well, I'm not planning on getting cows, unless the prices drop drastically)