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Non-Cattle Specific Topics
Coffee Shop
Cattle people/ farmers are getting old.
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<blockquote data-quote="Brute 23" data-source="post: 1730496" data-attributes="member: 6291"><p>Cattle as a whole are too capital intensive, have too small of a margin, and are too risky for most young people to jump in to as a sole income source.</p><p></p><p>Plus, it's a bad investment. From age 20-30 years old a young person should be pouring money in the stock market. With compound interest, time is the biggest factor. You can flip cows, raise momma cows, invest in land, or do what ever you want at any point. Most of those are about certain points in time.</p><p></p><p>Cattle are a lot easier with a retirement account, or another business, making money no matter if you are sick, break your leg, or just want to spend time with family and friends.</p></blockquote><p></p>
[QUOTE="Brute 23, post: 1730496, member: 6291"] Cattle as a whole are too capital intensive, have too small of a margin, and are too risky for most young people to jump in to as a sole income source. Plus, it's a bad investment. From age 20-30 years old a young person should be pouring money in the stock market. With compound interest, time is the biggest factor. You can flip cows, raise momma cows, invest in land, or do what ever you want at any point. Most of those are about certain points in time. Cattle are a lot easier with a retirement account, or another business, making money no matter if you are sick, break your leg, or just want to spend time with family and friends. [/QUOTE]
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Cattle people/ farmers are getting old.
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