It sounds to me like whatever you are doing is working for you. I started in Jan. 1973. Things went pretty good until about July 1974. Nixon took us off the gold standard and the prices of everything went up except milk. It dropped over $2, and back then that was a lot. About the time I got going good again, I got pneumonia 4 times in 6 months. That was the straw that broke the camels back.
My son started a year and a half ago. We rebuilt a section of the barn that had caved in. He buys TMR from one of the local bigger farmers. We rent or farm land to other local farmers. He milks about 40-45 cows most of the time. He is debt free also, except for what he owes me. He was lucky enough to get himself established while the price of milk was good. The fact that he's on solid ground and owes no one is going a long way towards insuring he stays solvent now that the prices have dropped.
You are smart staying debt free and doing things as you can afford it. I would suggest you be very cautious and do a lot of pencil pushing before you move forward with anybody's money but your own. Took my son 16 years from high school to get were he is by working other jobs. Stick with it and you will do okay.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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