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western iowa,by Denison | maybe Mark?If you own a house that is paid for and refinance are you better off or worse-or sell the grain then not have any to feed the livestock only to buy higher priced feed later because it looks good on paper-you can be debt free with no asset's or you can be in debt with asset's-which asset returns the most dollar?
Short story-local farmer refinance his house to custom feed cattle at a feedlot,cattle lost money and still has the debt on the house,but has no means to pay back the house loan as cattle covered feed bill and he lost his $100 head up front money-hmmn,perhaps I wont give any advice-interesting in a twisted sorta way | |
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land question? how would you handle this--Jay, you too
