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<blockquote data-quote="greggy" data-source="post: 1639642" data-attributes="member: 38479"><p>It is leveraging.</p><p></p><p>Works well in growth or boom times, it has opposite effect if poor timed.</p><p></p><p>It all comes down too deposit, income and outgoings allowing for some movement.</p><p></p><p>Anyone fully aware of cattle or farm finances prob has a grip, it is the get rich quick with no exp that often get burned.</p><p></p><p>Just like all business, just have to have eyes wide open.</p><p></p><p>Down here, prob some are hurting, corona meant the gov told a lot of renters they did not need too pay landlords, or could defer, etc....or they did shutdowns, imagine you just bought some commercial property and the gov dismissed your renters from having too pay......eeeeekkkkk</p></blockquote><p></p>
[QUOTE="greggy, post: 1639642, member: 38479"] It is leveraging. Works well in growth or boom times, it has opposite effect if poor timed. It all comes down too deposit, income and outgoings allowing for some movement. Anyone fully aware of cattle or farm finances prob has a grip, it is the get rich quick with no exp that often get burned. Just like all business, just have to have eyes wide open. Down here, prob some are hurting, corona meant the gov told a lot of renters they did not need too pay landlords, or could defer, etc....or they did shutdowns, imagine you just bought some commercial property and the gov dismissed your renters from having too pay......eeeeekkkkk [/QUOTE]
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