Did I loose actual cash when the value of my land dropped after the 08 crash? I've got two feedlots full of cattle. If cash cattle prices fall between now and when they're finished, and at the sale barn, am I out actual cash, or only that I'll make less than I would if they were ready to go and I sold them today at todays price?
The only time you actually ''loose money'' in your financial account is if you bought an asset and you have to sell it for less than you paid out of pocket. Anything else is just some pie in the sky number that it's ''worth'' if you sold it right at this moment.
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Today's Featured Article - Fasteners: The Nuts and Bolts of Nuts and Bolts - by Curtis Von Fange. The nuts and bolts of nuts and bolts is an interesting and essential piece of knowledge that applies to our older tractors. An improperly torqued capscrew on an engine head or a shear bolt that is too hard on the driving shaft of a bushog can create havoc and make an expensive and uncalled for repair. Let�s examine the purpose and design of these fasteners in order to ensure their proper use. Fasteners are probably one of the aspects of mechanics that is given the least amount of thought.
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