If that $10,000 in 1959 money was put away in a safe place, be it a plain old CD or slow but constant growth muni’s or mutuals, 60 years later it would be a nice little retirement nest egg. Machinery in itself has never been a good growth investment.
I grew up on a 630 dad bought new in 1960. I have spent many thousands of hours on it, it has been a very economical and dependable machine. I still have it and it’s in very good shape but now looking back, in 1959 it was a dinosaur and the 460-560’s were the Cadillac at the time when they were new. I’m not talking about problems later down the road because that wasn’t known in 1959.
Ya I know, I’m grouchy tonight, snowed in in a motel room.
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Today's Featured Article - Show Coverage: Argyle and Mt. Pleasant Labor Day Weekend Shows - by Cindy Ladage. The last fling before summer fades into fall and we get busy in the fields are the annual Labor Day tractor shows. Beginning on September 5th and running through the 7th, the Argyle Antique Gas and Engine Show is held at the Argyle State Park. Located in West Central Illinois, the pine forest was the setting for the opening of the 22nd show. This year we decided to try to sell a few tractor parts, literature and wrenches to offset my husband's buying sprees. Saturday
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