Heil Harvesting, Ulysses KS/Limon CO | That being worth 110 is a pretty broad assumption and one I am not banking on. And if it is worth 110 what will 110 buy me in 5 year down the road dollars.
Had this discussion with a fried today, regarding equipment values, and we both determined being heavily invested in equipment the last 5 years has worked wonders on our balance sheets--but if the equipment market came back we could easily lose 25%+ of our equity. Tractors look good as an investment right now but what will they look like in 5 years?
The cure for high prices is high prices. I have no clue where the top is but this whole equipment deal is eerily familiar in recent times--the housing market... |
How do you afford expensive tractors / machinery?
