Lately I've been getting bashed a bit on here for having interests in the oil field. I never was forced into the oil field. Never needed to do it to survive.
In fact I just sort of fell into it...really enjoyed it...really enjoyed the money!
In my agriculture ventures I never posted a loss. Never collected CAIS. Never had crop insurance.
Could I have lived on my Ag income? Probably...depends how you define living? Some people like to have "things", "security", "have their children take over"...some don't consider those thing necessary? Not saying either way is right...just whatever works for you?
I am at the point where I have the best of both worlds...or so I believe! I have a child taking over, I enjoy my life, and I can look forward to a comfortable retirement with the assurance that my family will have a landbase and business totally debt free! That works for me. Just my opinion.
In fact I just sort of fell into it...really enjoyed it...really enjoyed the money!
In my agriculture ventures I never posted a loss. Never collected CAIS. Never had crop insurance.
Could I have lived on my Ag income? Probably...depends how you define living? Some people like to have "things", "security", "have their children take over"...some don't consider those thing necessary? Not saying either way is right...just whatever works for you?
I am at the point where I have the best of both worlds...or so I believe! I have a child taking over, I enjoy my life, and I can look forward to a comfortable retirement with the assurance that my family will have a landbase and business totally debt free! That works for me. Just my opinion.
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