Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Cattle Boards
Beginners Board
Profit from cattle?? Where is it?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="Brandonm2" data-source="post: 468663" data-attributes="member: 2095"><p>I want/need to make money off of my enterprises; BUT if you "LUST for money" there are a lot more lucrative places to be with it. I have run a lot of numbers recently for the family and if you factor in the cost of land, livestock, and equipment it is really hard for a large livestock operation to realistically return more than 6% on investment (after you pay a reasonable amount to yourself for your management and labor). The only real financial advantage it has over selling out and putting all the money in stocks and bonds is the 30% hit you take in net worth (I am in Alabama so we pay a 28% capital gain plus a 5% state income tax after the basis is subtracted....and our basis is negligible).</p></blockquote><p></p>
[QUOTE="Brandonm2, post: 468663, member: 2095"] I want/need to make money off of my enterprises; BUT if you "LUST for money" there are a lot more lucrative places to be with it. I have run a lot of numbers recently for the family and if you factor in the cost of land, livestock, and equipment it is really hard for a large livestock operation to realistically return more than 6% on investment (after you pay a reasonable amount to yourself for your management and labor). The only real financial advantage it has over selling out and putting all the money in stocks and bonds is the 30% hit you take in net worth (I am in Alabama so we pay a 28% capital gain plus a 5% state income tax after the basis is subtracted....and our basis is negligible). [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Cattle Boards
Beginners Board
Profit from cattle?? Where is it?
Top