Boone & Crockett - 3/25/2026 06:50

I’ve always maintained, if you can pay cash, hard to pay too much. It’s the borrowing money part at these levels that can/will clip a guys nuts nice and short. No more complicated argument needed. Somebody the other day tried to make the claim a drop affects both versions the same. That couldn’t possibly have been a more uninformed comment. While technically true, the resultant effects are dramatically different. When there is no debt, as long as you’re able to at least pay the property tax, a person has unlimited staying power. Not many things can wipe out a balance sheet quicker than a significant drop combined with significant leverage. Just about a guaranteed non renewal of the operating line. If you like playing with that kind of fire, knock yourself out. When faced with decisions such as this, simply ask yourself how much this purchase can help you, and weigh it against how much it could hurt you. Put your answers on a t chart. Tally up the results and you’ll have your answer. One only you can make.