pknoeber - 10/29/2015 12:49
I look at it as a missed opportunity. You're allowing someone else free use of your money while you could be using it for operating and or earning interest on it in a CD or savings account.
There are a million arguments against deferring income that you could make, but I think this one has almost zero validity unless you don't have the access to capital that you're talking about above. Counter party risk is very valid, lack of opportunity b/c you can't borrow to take advantage of opportunity is one
(ie, you have to turn the crop into cash
), but parking it in a CD??? Really? What's that CD pay relative to the tax rate that income is being taxed at?
Working capital again
