my new get rich quick scheme is agriculture
My new get rich quick scheme is agriculture
Jackson Ortiz
Other urls found in this thread:
Chase Thomas
>agriculture
>”get rich quick“
Josiah Ortiz
do elaborate
Isaiah Cox
based
Mason Perry
That big short geeky character invests in agriculture and water now.
Ethan Williams
Christopher Taylor
fucking based. my 12 year plan to become a farmer will come to fruition once I make it with shitcoins. it really is the next big thing, especially since we just entered the 30 year grand solar minimum (yeah that's why (((they))) started running more exercises with the flu). bullish on anything that is edible
Carter Cruz
Are you a gigafarm with 10000+ productive acres? No? Then have fun not even breaking even on an average production year.
t. ag stat
Joshua Hernandez
well last week I mowed this old 1/2 acre goat pen to garden in, and I cut up a huge tree that fell down in it. today i harrowed up the first section. tomorrow i will be moving a large piece of metal in the next section of this goat pen and then i will harrow that.
The goat pen is an ideal location because
* it was fertilized by goats
* there are no goats here anymore
* there is a gate and fence that will keep out deer
I will be growing a variety of vegetables and herbs to eat and give as gifts to my friends and family. I already have an abundance of fruit trees and vines including
* pears
* grapefruit
* figs
* muscadines
* loquat
and of course a pecan orchard
Evan Gonzalez
Unless you are growing hemp gtfo
Leo Bailey
That’s actually of based user. Very thoughtful as well
Justin Gray
how did you get this place fren
Christian Carter
none of this will get you rich quick. Don't get me wrong, growing your own food is based, but none of what you're doing will ever be profitable, and even the food you grow yourself to eat will cost 2x as much in production inputs than what it costs at the supermarket.
Just letting you know, as a person who looks at farm financials for a living. You will never make money farming unless you run the farm equivalent of Tesla's gigafactory. The economies of scale will eat you alive.
Jaxon Butler
Hey user, that kind of job sounds interesting, whats it called or what is the task of the position?
Gavin Green
jew
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This land has been in my family since General Oglethorpe. My grandad was a farmer who planted pecan orchards all across Georgia, this was my grandma's family farm. It is in a remote location in southwest georgia.
pic related is the spot that will be mowed tomorrow
Nathan Martinez
why do you think it will make you rich quick? Because you have pluck and a can-do spirit? What special advantage do you think you have to make your land profitable?
I scrutinize the balance sheets of thousands of farms every year, the picture for anyone who can't gross at least $500k in product annually is absolutely dismal. As in, at least 75% of farms in that category are losing money YOY.
As a hobby or for your own food supply, it's fine. It will just never make you money.
Jack Ortiz
Yeah I have huge respect for you and what you’re trying to do OP. Do you plan to post occasional updates?
Jaxson Rogers
listen here poindexter, if you could get your cock out of your hand for one second you might observe that as a third generation farmer i realize this is not a get rich quick scheme and you may also be able to extrapolate that saying so is a joke.
Christopher Turner
ok sure i would love to, I've been thinking of doing YouTube since there is such a surge of people working the land rn. Supply chains are not good rn and I'm worried I won't be able to get a good job this year so I'm putting my efforts into trying to prevent my family and friends from starving. I've got all the equipment, and the land, and the time, and this is how i can best be productive right now. I'm all in on silver, ESH, and food production.
Henry Sullivan
peanuts and cotton back here
Asher Sanders
I work for a farm credit union to assess creditworthiness of farms who apply for loans. Yes, I'm basically scum and I work for scum. I wouldn't recommend it if for no other reason than it is so massively depressing. You spend most of every day peering into farmers' crumbling, hopeless, entropy-stricken lives, as portrayed via asset sheets and tax documentation. The story portrayed there is very stark.
If you are a corporatized megafarm grossing millions a year, your margins are wide enough (thanks to economies of scale) that you can consistently profit year over year. Even in disaster years, you are flush enough that you can invest in multi-peril insurance on your acreage and come away in the green or break-even at worst. A lot of these farms aren't even owned by people any more, they really are more like corporations and/or are owned by private equity groups. All the profit gets hoovered up by shareholders. They can also afford to lobby congress to get subsidies passed that disproportionately benefit corporate farms and leave small farms in the dust.
If you are a small heritage/family farm, you are just utterly fucked. There are boom years where you'll turn a profit, but they are the minority. Your economies of scale just suck and prices get pushed down thanks to megafarms (which bought out all your neighbors' farms already) who can and will sell at any price and still make a profit. You're likely not able to afford adequate insurance/risk mitigation so you have to wait for a disaster to happen then apply to disaster relief programs. Which have a fixed pot and pay out based on how many stricken farmers apply. That means the years you need the disaster money are the years you won't get any, because all the farmers are applying so everyone gets scraps.
This goes for cash crop farms, this also goes for little organic/vegetable/farmers market/CSA type farms as well.
Carson Gonzalez
Right, because your third-generation farm experience really shone through in your OP. There are legitimately tons of anons who think farming is some untapped wellspring of free money and they can turn their backyard into a honey-and-goat farm and start netting an easy $10k/yr on the side or something. There are multiple threads a week about this kind of shit.
I just want to set people straight on the likely profitability of it all. Which is zero. Backyard farming is great, do it for hobby or homesteading or prepping. But it's not gonna earn anyone here money.
Jaxson Cook
what state.
Camden Gomez
Georgia
Juan Lewis
>as a third generation farmer
as a second generation farmer from obviously better stock you are a retard
Liam Nelson
you're arguing with a retarded hick, they don't understand words like "economies of scale".
Michael Phillips
Me too OP. Not trying to get rich just growing for the family
Nathan Adams
these pictures are sickeningly beautiful. what is this feeling
Ian Turner
any joggers in your neighborhood?
Landon Taylor
>* it was fertilized by goats
>* there are no goats here anymore
:(
Caleb Torres
absolutely none
feels good man. there's still cheap land in BFE.