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Mental Health of Farmers
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<blockquote data-quote="Stocker Steve" data-source="post: 1568381" data-attributes="member: 1715"><p>An issue is that some folks think all debt is the same. There is good debt and bad debt. Don't ask me how I know. An (over) simplified approach is to ask can the investment return per year cover double the cost of the payments? Then you really reduce the chance of uncontrolled supply or fund money driven volatility taking out your operation.</p><p></p><p>What high value items are you looking forward to buying in 2019 that should return double it's cost/payment per year? </p><p>Cross fencing is on my short list.</p></blockquote><p></p>
[QUOTE="Stocker Steve, post: 1568381, member: 1715"] An issue is that some folks think all debt is the same. There is good debt and bad debt. Don't ask me how I know. An (over) simplified approach is to ask can the investment return per year cover double the cost of the payments? Then you really reduce the chance of uncontrolled supply or fund money driven volatility taking out your operation. What high value items are you looking forward to buying in 2019 that should return double it's cost/payment per year? Cross fencing is on my short list. [/QUOTE]
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