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Can I make a living off of cattle
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<blockquote data-quote="Isomade" data-source="post: 885868" data-attributes="member: 13135"><p>Don't give it a second thought, this ain't an Honors English forum. When folks say you can't make much money raising cattle what they generally mean is this - the money it takes to get started will take most of your lifetime just to re-coup your initial investment. Like Herf US said, if you have 330k invested in cattle, 70k in equipment, and 24k per year for lease land you are at $424,000 initial investment. If you make $20,000 per year you won't make a dime for over 21 years before you actually turn a profit. In reality, the money is much better invested in another interprise with larger returns. However, the larger you get the better your profit per calf can be. If its your passion and what you really want to do it go for it! Just don't expect to get out of high school and be supporting yourself by the time your 21 if you start from scratch. I suspect you are asking these questions because your father is giving you advice you don't like. The best advice I can give you is listen to </p><p>Dad. One day you will think he is the smartest man alive. At 34 I know mine is ;-), but I sure didn't think so when I was 15 or even 20 for that matter.</p></blockquote><p></p>
[QUOTE="Isomade, post: 885868, member: 13135"] Don't give it a second thought, this ain't an Honors English forum. When folks say you can't make much money raising cattle what they generally mean is this - the money it takes to get started will take most of your lifetime just to re-coup your initial investment. Like Herf US said, if you have 330k invested in cattle, 70k in equipment, and 24k per year for lease land you are at $424,000 initial investment. If you make $20,000 per year you won't make a dime for over 21 years before you actually turn a profit. In reality, the money is much better invested in another interprise with larger returns. However, the larger you get the better your profit per calf can be. If its your passion and what you really want to do it go for it! Just don't expect to get out of high school and be supporting yourself by the time your 21 if you start from scratch. I suspect you are asking these questions because your father is giving you advice you don't like. The best advice I can give you is listen to Dad. One day you will think he is the smartest man alive. At 34 I know mine is ;-), but I sure didn't think so when I was 15 or even 20 for that matter. [/QUOTE]
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Can I make a living off of cattle
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