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Non-Cattle Specific Topics
Coffee Shop
Inflation and spending habits
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<blockquote data-quote="TexasRancher" data-source="post: 1737718" data-attributes="member: 8359"><p>Makes me chuckle Lucky your last addictive statement...wondering if you're still nowhere. I see both sides of credit-debt and paying outright in cash....both are useful tools are the right moments of time (economic crisis or not). I've gotten most of my land for dimes on the dollar during foreclosures.</p><p>Anyway, Lucky...take this next statement of mine to to heart. Most of us haven't really made any money doing what we're doing. It's the preservation of wealth that's the key. You've gained equity. If you find a dollar you will put it somewhere that will pay off more in the future. Stay modular and flexible on your farm. Preserving wealth is key. Take care of things-land and hold onto them. That's the hard money of your life, paychecks are overrated. If you own land you're probably in the top 10% Lucky...as per your name.</p></blockquote><p></p>
[QUOTE="TexasRancher, post: 1737718, member: 8359"] Makes me chuckle Lucky your last addictive statement...wondering if you're still nowhere. I see both sides of credit-debt and paying outright in cash....both are useful tools are the right moments of time (economic crisis or not). I've gotten most of my land for dimes on the dollar during foreclosures. Anyway, Lucky...take this next statement of mine to to heart. Most of us haven't really made any money doing what we're doing. It's the preservation of wealth that's the key. You've gained equity. If you find a dollar you will put it somewhere that will pay off more in the future. Stay modular and flexible on your farm. Preserving wealth is key. Take care of things-land and hold onto them. That's the hard money of your life, paychecks are overrated. If you own land you're probably in the top 10% Lucky...as per your name. [/QUOTE]
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