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Non-Cattle Specific Topics
Every Thing Else Board
How mush cash?
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<blockquote data-quote="Stocker Steve" data-source="post: 1249569" data-attributes="member: 1715"><p>Cash is for potential emergencies. This is a very personal thing. Debt is different. It is a very finance thing.</p><p></p><p>I read a post recently on why debt has such a poor rep in ag -- and the message was that many borrow to buy things (iron, land, toys) that do not have a good return on investment.</p><p></p><p>I borrowed money last spring to double our cow/calf herd. :cboy: (So far) I am ahead on this one.</p></blockquote><p></p>
[QUOTE="Stocker Steve, post: 1249569, member: 1715"] Cash is for potential emergencies. This is a very personal thing. Debt is different. It is a very finance thing. I read a post recently on why debt has such a poor rep in ag -- and the message was that many borrow to buy things (iron, land, toys) that do not have a good return on investment. I borrowed money last spring to double our cow/calf herd. :cboy: (So far) I am ahead on this one. [/QUOTE]
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How mush cash?
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