I am a STO and have an "on the fence" attitude about this. I found my niche market and its suitable for the asset capability of a STO. For most activities around here the BTO is better suited to maximize production, 30 acres to 10k acres, at minimum cost even though he has a lot of new, high dollar, but efficient equipment and multiple employees. So the ring into which I toss my hat is: If you can't stand the heat in the kitchen, get out. I am a free market advocate.
On real estate, next door is 44 acres I could have bought for $800/ acre back in 1990. It sold within the last month for $650,000 to investors. I didn't buy it, with first divvy as I was a very good friend of the original sellers, back then as I didn't want to have to fool with it when I got older. I am older now and I still have that feeling and glad the owners made some money. I don't know what I would have done with that money had I bought and sold it and may have been a pain in the neck overall fooling with all that money. Just have to establish your priorities and abide by them.
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Today's Featured Article - A Question for Dads This recent topic from the Tractor Talk discussion board is being highlighted because it is an awesome display of the caliber of individuals that have made this site their own. The young person asking questions received positive feedback and advice from total strangers who "told it like it is" with the care many reserve for their own kids. The advice is timeless... so although it isn't necessarily antique tractor related, it will be prominently displayed in our archives to honor those who have the courage to ask and those who have the courage to respond in an honest, positive manner.
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