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Who's breaking even or better?
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<blockquote data-quote="Bama" data-source="post: 487990" data-attributes="member: 1184"><p>Lets see if I can put this in perspective. I ain't in the cattle business, Im in the money business. I use cattle to make money. You have to know the EXACT cost of everthing to be able to figure your return on investment dollars. If you can't beat the returns on a simple CD your losing money. Putting money on CD's don't take any of your time or effort. Your money grows at a set rate without you lifting a finger. Now put that same money in the stock market and it can grow faster or lose. More money to be made here but you can also loose big time. One has to figure the risk. CD's are less risky but less profit possible. Now back to cattle. Cattle are risky and there ain't a lot of money to be made. Unless one manages them to the last cent how do you know if you have your money in the most profitable investment. Cattle take time and effort. You need to know if that effort and money would be wiser spent elsewhere.</p></blockquote><p></p>
[QUOTE="Bama, post: 487990, member: 1184"] Lets see if I can put this in perspective. I ain't in the cattle business, Im in the money business. I use cattle to make money. You have to know the EXACT cost of everthing to be able to figure your return on investment dollars. If you can't beat the returns on a simple CD your losing money. Putting money on CD's don't take any of your time or effort. Your money grows at a set rate without you lifting a finger. Now put that same money in the stock market and it can grow faster or lose. More money to be made here but you can also loose big time. One has to figure the risk. CD's are less risky but less profit possible. Now back to cattle. Cattle are risky and there ain't a lot of money to be made. Unless one manages them to the last cent how do you know if you have your money in the most profitable investment. Cattle take time and effort. You need to know if that effort and money would be wiser spent elsewhere. [/QUOTE]
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