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>Invest in an automated tractor, combine, whatever and it will take care of your crops. Now you have a huge loan to pay every month to pay off your farming equ
by 0xffff2 7y ago
>Invest in an automated tractor, combine, whatever and it will take care of your crops.
Now you have a huge loan to pay every month to pay off your farming equipment. You now need a second job and you're no better off than when you went and bought your groceries at the supermarket.
I'm basically a Luddite trapped in a software engineer's body at this point. I'd like nothing better than to buy a hundred acres and become a farmer/rancher, but after taking a serious look at the financial side of things I gave up that dream. The capital costs to start up are so high that there's basically no way I would be able to do it without a loan big enough to mean that one bad year in the first decade would likely sink me financially.