Texas/New Mexico Stateline | If you did not have the money in mutual funds, would you go to the bank to borrow at 5.5% to put the money in mutual funds?
I WOULDN'T.
That is basically what you are doing if you borrow money on farmland, and keep excess cash in the stock market. Nothing wrong with keeping a strong cash position, or some investments, but paid for farm would be a more stable and much less risky place for capital.
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Taking $ out of Mutual Funds?
