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My Yearly Cattle costs are 55 cents/day/cow in Texas, What am I doing wrong?
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<blockquote data-quote="Lucky" data-source="post: 1728396" data-attributes="member: 32659"><p>Haha. I knew it would come out, the problem you have with land taxes. I added that hopefully my grandkids would really benefit from the land in my earlier post but deleted it. You are correct that the land is a liability of sorts. It continually goes up in value but cost me a pile of money. My 401k keeps going up in value but cost me a pile of money as well, is it a liability or an asset? We love having the ranch but get zero enjoyment from the 401k. </p><p></p><p> I've been meaning to go to the TAMU course for years. I plan on going to the nutrition and feed course, the grass and pasture course, and hopefully the butchering course. I've managed to expand the cow herd,buy equipment, and expand the ranch for the last 15 yrs and I'm just a knuckle dragger that barely made it through High School so I'll skip the economics part. Any Dumbo can run a profit and loss sheet.</p></blockquote><p></p>
[QUOTE="Lucky, post: 1728396, member: 32659"] Haha. I knew it would come out, the problem you have with land taxes. I added that hopefully my grandkids would really benefit from the land in my earlier post but deleted it. You are correct that the land is a liability of sorts. It continually goes up in value but cost me a pile of money. My 401k keeps going up in value but cost me a pile of money as well, is it a liability or an asset? We love having the ranch but get zero enjoyment from the 401k. I've been meaning to go to the TAMU course for years. I plan on going to the nutrition and feed course, the grass and pasture course, and hopefully the butchering course. I've managed to expand the cow herd,buy equipment, and expand the ranch for the last 15 yrs and I'm just a knuckle dragger that barely made it through High School so I'll skip the economics part. Any Dumbo can run a profit and loss sheet. [/QUOTE]
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My Yearly Cattle costs are 55 cents/day/cow in Texas, What am I doing wrong?
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