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Hobbyfarmer
Honored Advisor

Is it time to own some # II

It may well be time to "Go Long" 

 

Sooner or later there will be that time.. 

 

My personal problem is I'm getting to old to want to fund someone else s beamer while I'm still alive.

 

My bias is that my timing is many times about a quarter turn off.

 

The other saying that has much merit goes something like, the market can stay irrational longer than I can stay solvent.

 

The market's job is to prove the majority of the people wrong most of the time.

 

Brokers are called BROKERS for a reason.

 

If advisors  really knew anything they wouldn't sell their guesses/info  for a few hundred bucks a year.

5 Replies
infire
Veteran Contributor

Re: Is it time to own some # II

Truer words have never (or at least recently ) been said
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farmer46
Senior Contributor

Re: Is it time to own some # II

The future, if only I knew, is the most interesting when the times are achanging.  The dollar in the last year gained about 12% world wide, trade value.  Will that happen again? As my dad used to say:  The man that knows that died 2000 years ago. I have great hope the price of grains can come above the cost of production, but little to base it on. So, our gamble will continue.

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nwobcw
Advisor

Re: Is it time to own some # II

Isn't farming like a pendulum?  The further it swings one way the further it swings the other way.

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sw363535
Honored Advisor

Re: Is it time to own some # II

The last good swing was about 40 years ago

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Hobbyfarmer
Honored Advisor

Re: Is it time to own some # II

In the case of the wheat market...

 

THE BEATINGS WILL CONTINUE TILL MORAL IMPROVES

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