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Cattle vs. Stock Market
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<blockquote data-quote="KAstocker" data-source="post: 1666103" data-attributes="member: 40060"><p>I think it depends. If the only money you ever made in cattle was 2013-2015, you should stick to the stock market for education saving. That will guarantee you a 7% return on average if you do mutual funds. If you know how to invest, your returns can be much better. </p><p></p><p>There are some people who actually make money in cattle though. Listen to Pete Bonds. He says he's making well over 20% returns on stockers. I think teaching a kid how to run a business could be very valuable. The problem is most cattlemen aren't businessman, so all they are doing is basically getting a second job. And being a herdsman just isn't a high paying job.</p></blockquote><p></p>
[QUOTE="KAstocker, post: 1666103, member: 40060"] I think it depends. If the only money you ever made in cattle was 2013-2015, you should stick to the stock market for education saving. That will guarantee you a 7% return on average if you do mutual funds. If you know how to invest, your returns can be much better. There are some people who actually make money in cattle though. Listen to Pete Bonds. He says he's making well over 20% returns on stockers. I think teaching a kid how to run a business could be very valuable. The problem is most cattlemen aren't businessman, so all they are doing is basically getting a second job. And being a herdsman just isn't a high paying job. [/QUOTE]
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