BeefTalk: Be Cautious and Do Not Overspend for Hay
Kris Ringwall, Beef Specialist, NDSU Extension Service
I have a cow worth $1,000. Ponder these questions: Should I sell the cow and place the money in an account where someone will pay me to use my money? Should I keep the cow, hoping for a greater return on my money than if I let somebody use my money? Or should I pay somebody $100 to care for the cow? But why should I pay someone else to tend my money or my cow? At the end of the day, I have less money.