| Title | : | Whiteboard Chat: Cow Herd Profitability |
| Lasting | : | 5.13 |
| Date of publication | : | |
| Views | : | 26 rb |
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Whatever price you get out of the cow when she’s culled, is typically close to the profit margin over her life Comment from : niemdan |
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A STABLE INCOME IS MORE IMPORTANT THAN LIVESTOCK FOR RETIREMENT PLANNING Big ups to everyone working effortlessly trying to earn a living while building wealth I'm 40 and my wife 34 We are both retired with over $3 million in net worth and no debts Currently living smart and frugal with our money Saving and investing lifestyle made it possible for us this early even till now we earn monthly through passive income Comment from : Van Drex |
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Depreciation is irrelevant What matters is cash flow Using the truck example The truck cost $30000 but you pay for it over a 5 year term So for 5 years that truck costs the operation $6000 per year If you don't have the $6000/year to pay for the truck with the cash flow from the operation , that truck will be taken away Comment from : jm farms |
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Well done! Comment from : Brett Bickham |
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