20 Miles West of Indianapolis Indiana | RCR - 2/10/2021 20:53
Young farmer loan at age 21...5% 40 years and 2500 an acre. I was scared. Now I'm like, why didnt you buy more? (Paid that one off last year)
You are the man RCR. Good move on your part. At 21, if you woulda filed bankruptcy 2 years later, you’d have gotten started buying land about the same time I did then (30ish). At the time I kept thinking I’ll buy the next one. And nothing real close came up foresale in what seemed like forever. (My family and I are not known as “travelers” for land. We stay pretty close to home)
There’s one farm I truly look back at and think I really shoulda begged borrowed and stole to buy. At the time I said “I don’t want the govt in my business and doing one of those govt loans”.
Shoulda coulda woulda...
Edited by GrainTrader 2/10/2021 21:11
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When the market drops against me
