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Cattle Boards
Beginners Board
How in the world can you make money in this market?
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<blockquote data-quote="Fred" data-source="post: 616717" data-attributes="member: 125"><p>One thing about raising cattle is it really helps to have a good off farm income. Lots of the nice herds and cattle operations were paid for with other income. I know a guy with a nice herd of paid for cattle,equipment,trailers and barns. The thing is he has a great off farm income and is able to invest into his cattle operation. I'm sure his cattle help him reduce his tax bill each year. He doesn't have to take money from cattle sales to help pay personal expenses. He works hard with his cattle, but his other job has made it possible for him to build his operation.</p></blockquote><p></p>
[QUOTE="Fred, post: 616717, member: 125"] One thing about raising cattle is it really helps to have a good off farm income. Lots of the nice herds and cattle operations were paid for with other income. I know a guy with a nice herd of paid for cattle,equipment,trailers and barns. The thing is he has a great off farm income and is able to invest into his cattle operation. I'm sure his cattle help him reduce his tax bill each year. He doesn't have to take money from cattle sales to help pay personal expenses. He works hard with his cattle, but his other job has made it possible for him to build his operation. [/QUOTE]
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How in the world can you make money in this market?
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