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Is buying more land ever a bad idea?
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ndsu84
Posted 12/7/2018 13:17 (#7155527 - in reply to #7155490)
Subject: RE: Is buying more land ever a bad idea?


EC North Dakota
Farmers seem to be at a disadvantage to the rest of the business world because our judgement is clouded by our love for our land.

Do an analysis of the investment, be honest with yourself about your financial standing and the utility(satisfaction) you will get out of it. Then make the decision.

Without an honest answer to those, there’s no way to decide other than guessing.

It is a bad idea if it prevents you from doing something better, or it causes you more stress than satisfaction.
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