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EC North Dakota | Use your imagination.
He had huge profits per acre on his farm. His wife worked in town. They saved 90% of their income and lived well but frugal. Every penny was invested outside the farm after the land and machinery was bought and paid for. He inherited nothing. His last 10 years he farmed his depreciation was $0.
You can say his farm never made him that much, but he's never had any other job.
Maximum yields, bare minimum costs. Very low family living and extremely intelligent asset management.
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Net Income/Acre
