Tag Archives: dollars

Making Investments vs Creating a Job

Economic definitions:

Investment – an investment is the purchase of goods that are not consumed today but are used in the future to create wealth.  to put (money) to use, by purchase or expenditure, in something offering potential profitable returns, as interest, income, or appreciation in value.

Job – a paid position of regular employment.  a piece of work, especially a specific task done as part of the routine of one’s occupation or for an agreed price. Everyone has goals in life – some will involve being financially secure.  If you are interested in building financial wealth, there are a few basic premises which need to be incorporated into your plans.

1) Your saved dollars must be put to work!

2) Break free from the bondage of financial slavery by changing your spending habits

3) Invest in yourself – education or your own business

4) Learn to manage the money you do have – more money will not necessarily fix your financial problems

5) Debt is a hard task master – avoid it!

6) Use your income from a paid job to make investments that will gain in value while you continue your paid job.  Later you can retire from your job and enjoy your investments.

Many, many economic experts have different ideas about how to invest, so it’s up to you to decide who or what you want to invest in.

Fescue Toxicity

Boy, howdy, now there’s an exciting title and one to really pull in a reader eager to learn about such a thing.  Well, not, of course, but to cattle farmers and ranchers across a great portion of the United States, it’s a reality that sucks an estimated $1 billion out of our collective pockets EACH year!

in 1943 Kentucky 31 variety of fescue was commercially introduced and sold, it seemed at first a godsend to sod forming, persistence, deep rootedness (soil conservation), and production for cattle and other livestock producers.  In the late 1970’s, scientists at last identified that fescue hosts a fungus that can produce toxic compounds called ergovaline.  However, it is important to note, that reports of  toxic effects of grazing infected fescue have been around at least since the early 1900’s.  Why didn’t the light bulb go off that there is a problem that needs addressing BEFORE scattering it all over the US!?  The only answer that seems reasonable is that establishment of the grass is cheap and easy and the resultant health concerns in stock are a silent drain.

Whatever the case may be, I’m now on a mission to eradicate to a degree as much as possible toxic fescue from my pastures.  In so doing, cattle health and numbers should increase, calf gains and cow milking ability should increase as well as reproduction improvements.  Additionally, soil health and tilth should improve, thereby increasing its moisture capturing and holding capacity (resulting in less runoff and erosion).  Lastly, but certainly not least, ridding the pastures of tall fescue will greatly improve wildlife habitat – especially ground nesting species such as quail.

The fruits of this project will likely be for the next generation and i ask myself if it is really worth the expense and effort to make a bold move in such uncertain times of low cattle prices.  Time will tell, i guess.

I think I’ll put these entries in a separate category so my reports and progress can be easily accessed.  I’m no Pioneer Woman like Dee,  (ya gotta admire the outreach she has done with her whit and way with words),  but if you have an interest in organic, no chemical, minimal tillage farming, pasture renovation, cattle rearing for producing clean healthy food while improving (regenerating is the popular term) our environment, come alongside and join the conversation.  I will enjoy any questions.

Cheers!

tauna

cropped-purdin-farm-october-2012-004.jpg
This is a nice photo of my cows, but what you don’t see is that a good portion of what they are grazing is toxic endophyte infected fescue.  In other words, with every bite they are being poisoned.  It’s time to see if the dollars and cents to renovate make sense to change this condition.