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Farming Without the Bank
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piperfarmer
Posted 12/27/2025 09:13 (#11485602 - in reply to #11485455)
Subject: I guess I would qualify to you then as not amounting to anything meaningful for I don't use a bank.


southeast nebraska
Boone & Crockett - 12/27/2025 07:38

Where in the world is a person expected to come up with enough cash flow after tax to fund such a plan to ever amount to anything meaningful, and fund production expenses at the same time? Sorry, but farming today without a bank is a pipe dream for those in need of operating capital. Try explaining to your lender your plan to siphon off 30% of operating capital each year for 15 years to build up a cash account elsewhere. With surrender charges it would be that long best case scenario before the concept would even begin to have any merit.


And as far as how I funded it, well I worked other jobs and didn't take stupid stock trading advice on websites and just made trades based on my own research.

But hey, push that idea that EVERYONE can't do ANYTHING without the paper pushers at banks and financial offices......

Kinda like saying you can't set up your own self directed Roth IRA.

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