Are tractors and equipment a good investment right now?

   / Are tractors and equipment a good investment right now? #81  
My neighbor runs a large cattle operation. I have already discussed it with him. His charge for insemination will be the cost of material which right now is $60 and he will either buy the calf or like you said we can sell it to someone else or raise it and butcher it ourselves.
 
   / Are tractors and equipment a good investment right now? #82  
Same here in Alexandria, VA.
When we bought my wifes Honda Civic back in 2004 they wouldn't take cash, anything above 10K had to be reported.
Had to get a certified bank check.
Interesting. Not here yet but probably coming with the new digital dollar crap. I believe the threshold amount has dropped to 5 grand reportable instead of 10. The reason they are doing that is because they want to put their dirty fingers in your personal financial business and no other reason and I always try to circumvent that if possible. Like I said, when I pulled the wad of c-notes and 50's out of my pocket, the car drummer almost wet his drawers. 50 in cash is a pretty big wad. Should have gotten 500 buck notes but my bank would have had to get them so c-notes was what it was..

His only comment to me was, you carry that much cash in your pocket and my comment was, if I didn't blab it no one knows what is in my pocket and I'm sure not worrying about getting car jacked either and I lifted my windbreaker so he could see the empty holster as I left my 1911 in the car and the car was locked. No firearms posted on the dealership door and I always abide by the rules of engagement if possible. You attempt to accost me on the highway, you get drilled, real simple and I hold a CCW as well as an FFL federal license. heck, I even carry when running hay on remote fields, too may 'Karen's' driving on the roads I frequent to get to my fields. One never knows if the motorist behind you is normal or not and I take no chances, ever.

Free and clear is how I roll ( except for RE taxes ) that is, if entirely possible.
 
   / Are tractors and equipment a good investment right now? #83  
My neighbor runs a large cattle operation. I have already discussed it with him. His charge for insemination will be the cost of material which right now is $60 and he will either buy the calf or like you said we can sell it to someone else or raise it and butcher it ourselves.
Good deal, I didn't have that option so my 'herd' kept getting larger to the point where I liquidated everything a couple years back (when meat prices were high and the dollar was actually worth something). My wife raised and bred Percheron Draft horses too. When the last old nag died, that was the end of that too. Only inhabitants of the barns now (I have 2 big ones plus the Clearspan building I keep my equipment plus the RV in) are empty of any livestock and are now inhabited by wood chucks and racoons which I shoot all the time from the back deck with my 17HMR Savage and then toss on the burn pile and cremate them when I roast it. They keep me in practice for my fall hunting adventures. I shoot coyotes as well (open season here on them, anytime, no hunting license required, but I drill them with a 22-250 Savage with an ATN night vision optic mounted as they tend to be night predators.

The 22-250 is the ideal rifle for medium predator hunting as the muzzle velocity is high, plus I can reload the brass and I'm basically cheap. Sit on the back deck with an appropriate long gun, sitting in deck chair and drilling whatever comes by. Great fun for me, not any fun for them....:giggle:
 
   / Are tractors and equipment a good investment right now? #84  
Good deal, I didn't have that option so my 'herd' kept getting larger to the point where I liquidated everything a couple years back (when meat prices were high and the dollar was actually worth something). My wife raised and bred Percheron Draft horses too. When the last old nag died, that was the end of that too. Only inhabitants of the barns now (I have 2 big ones plus the Clearspan building I keep my equipment plus the RV in) are empty of any livestock and are now inhabited by wood chucks and racoons which I shoot all the time from the back deck with my 17HMR Savage and then toss on the burn pile and cremate them when I roast it. They keep me in practice for my fall hunting adventures. I shoot coyotes as well (open season here on them, anytime, no hunting license required, but I drill them with a 22-250 Savage with an ATN night vision optic mounted as they tend to be night predators.

The 22-250 is the ideal rifle for medium predator hunting as the muzzle velocity is high, plus I can reload the brass and I'm basically cheap. Sit on the back deck with an appropriate long gun, sitting in deck chair and drilling whatever comes by. Great fun for me, not any fun for them....:giggle:
I thought we would need/want beef but after processing a few of our lambs I found i prefer real meat lamb (dorper/katahdin) to beef. I really dont miss beef at all so the calf will most likely be sold to him. We also dont have a lot of pasture to spare.
 
   / Are tractors and equipment a good investment right now? #85  
I will add that I 'charge; all my everyday and frequent purchases on a cash rewards credit card and not just any card either. I will not use a Capital One CC ever or any card that employs an off shore service that handles any inquiry. I don't like to talk to anyone that their language isn't English. No exceptions to that.

My wife and I only carry one piece of plastic and it's a US Bank CC and it's grocery and gas rewards at any Kroger or affiliated store or gas station, but the best part for us at least is all their call center employees are domestic based. I only want to talk to an American citizen, not someone from India or wherever. Most of them (US bank employees seem to be based in Texas and I've always enjoyed talking to Texans, always friendly, always helpful.

I had a Cabelas black Visa for years and charged everything on it, business and personal and had a 50K credit limit on it as well But when Dick Cabela sold out and liquidated his 'Foremost' bank business and sold it to Capital One, I cancelled that card immediately, paid off the balance and it got shredded plus I don't deal with Cabelas any more and there is about 7 miles from the farm. It might as well not even exist for me or my wife today.
 
   / Are tractors and equipment a good investment right now? #86  
Well I noticed that the (really) old tractors are commanding a dazzling price these days. Must be selling them as they pop up and disappear.
 
   / Are tractors and equipment a good investment right now? #87  
Old iron don't work for me. Has to be a diesel, front wheel assist and close to 100 pto. Having said that it HAS to be a Pre 4 tractor.
 
   / Are tractors and equipment a good investment right now? #88  
For those who have repeatedly said it's not an investment. Sorry but you are all wrong. Any asset that is purchased for any purpose by individual or business, IS an investment. Do I also need to explain what an investment is?

View attachment 815315
While you may invest money in a tractor, the actual tractor is not always an investment. I did not buy my tractor to make me money, it is an asset, but it won't ever make me what it cost me. And I didn't buy it with that purpose in mind. So it is not an investment in the true sense of making money. Btw, is food an investment? With your definition it is, as is even toilet paper
 
   / Are tractors and equipment a good investment right now?
  • Thread Starter
#90  
My equipment is an investment in saving my health.
Agree with this in many ways. It's gets me out of the house and it saves my back.
 

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