BeerBudgetFarms - 7/27/2024 18:35
barren - 7/27/2024 16:27
When times are good many companies loosen the reigns on spending, just like many farmers do.
It becomes a matter of what is really needed instead of letting you wants become a factor. That is why Deere is laying off people due to farmers not buying equipment. If farmers are not buying new equipment it is because they don't have to have it to operate.
Spending to avoid taxes is a good excuse to buy something you, many times, don't really need. When time get hard it makes one wonder if it might have been better to pay the tax and keep the remaining cash. Especially if there are still payments to make from those purchases.
Barren do you like to wrench and fix stuff or just make a payment.
Payments on overpriced iron look to be problematic over the next few years.
Boils down to this if you can't write the check you don't buy it.
More Deere layoffs
