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Non-Cattle Specific Topics
Coffee Shop
Forsaking income for contentment
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<blockquote data-quote="Redhides" data-source="post: 1037588" data-attributes="member: 20308"><p>If you need 900 cows to be profitable you should stick to 25.... Preserve your time and seek your investment opportunity elsewhere. Clearly cattle does not constitute your highest and best use of Land. Land in our part of the world is probably the most overpriced, over speculated segment on the market. In the end land is only worth the income it drives plus some stooge's willingness to pay for going concern. Locally, fools hang to the myth that appreciation is king and will surely outpace the sum of interest, ad valorum,and exposure.</p></blockquote><p></p>
[QUOTE="Redhides, post: 1037588, member: 20308"] If you need 900 cows to be profitable you should stick to 25.... Preserve your time and seek your investment opportunity elsewhere. Clearly cattle does not constitute your highest and best use of Land. Land in our part of the world is probably the most overpriced, over speculated segment on the market. In the end land is only worth the income it drives plus some stooge's willingness to pay for going concern. Locally, fools hang to the myth that appreciation is king and will surely outpace the sum of interest, ad valorum,and exposure. [/QUOTE]
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