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Loan or grow?
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<blockquote data-quote="Tbrake" data-source="post: 1482925" data-attributes="member: 22322"><p>I agree with this. I have bought close to 150 cows in the past 3 years after getting out of high school. Money has been pretty tight, but they are making their payment, paying their expenses, and giving me enough cash to get by. To me, that is a pretty good investment. About half of them will be completely paid off next spring, that will help tremendously. It has taken some very strict managment, and budgeting. last year I retained 40 of my best heifers to go on some new ground, so things are going to be tight this year. As long as things go half way smoothly, I have it penciled out where it should work out.</p></blockquote><p></p>
[QUOTE="Tbrake, post: 1482925, member: 22322"] I agree with this. I have bought close to 150 cows in the past 3 years after getting out of high school. Money has been pretty tight, but they are making their payment, paying their expenses, and giving me enough cash to get by. To me, that is a pretty good investment. About half of them will be completely paid off next spring, that will help tremendously. It has taken some very strict managment, and budgeting. last year I retained 40 of my best heifers to go on some new ground, so things are going to be tight this year. As long as things go half way smoothly, I have it penciled out where it should work out. [/QUOTE]
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