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 - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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